Legrand Legrand

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10/04/2017 18:00

Successful new bond issue for Legrand

Legrand today successfully launched a bond issue for a total of €400 million with a 6-year maturity. The maturity date is October 9, 2023 and its annual coupon 0.5%.

This bond issue completes the refinancing operations of Legrand, allowing it to extend the maturity of its debt profile.

The issue’s full success, with the order book oversubscribed close to four times, demonstrates once again investors’ confidence in the soundness of Legrand’s business model as well as the quality of its financial structure.

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