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Danone Successfully Issues €700 Million Bond

World 06.09.2024
Source: DairyNews.today
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Danone has announced the successful issuance of a €700 million bond with a 7-year maturity and a 3.20% coupon. The bond, issued as part of Danone's strategic liquidity management, enhances the company's funding flexibility and extends its debt maturity profile.
Danone Successfully Issues €700 Million Bond

Settlement for the bond is scheduled for September 12, 2024, and the bonds will be listed on Euronext Paris. The issuance attracted strong demand from a diverse range of investors, reflecting high confidence in Danone's business model and creditworthiness.

Danone holds credit ratings of BBB+ with a stable outlook from Standard & Poor’s and Baa1 with a stable outlook from Moody’s.


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