Today 09/30/2016 - 05:35:16 PM
Peugeot SA 13.595€
CAC 40 4,448.26 PTS
PSA Peugeot Citroën successfully placed a €600m bond issue, with a 5.25 year maturity (July 2017) and carrying a coupon of 5.625%.
This bond issue confirms the Group's ability to seize opportunities in the bond market.
This issue allows the group to prefinance the 2013 maturities (€ 1.4 billion) on favourable terms.
Following on from the successful transactions carried out in 2010 and 2011, it is part of the Group's balanced management of its debt maturity profile and is consistent with its average debt maturity objective.