(Boursier.com) — Crossroads announces that it has successfully increased its October 2028 maturity line in “Sustainability-Linked” format, with a coupon of 4.125% per annum, by 350 million euros, bringing the total amount of the line to 850 million euros.
The bond will be issued under the Group’s Euro Medium Term Note Programme.
The transaction allows Carrefour to reduce the average cost of its last October 2028 bond, while extending the average maturity of its debt.
Carrefour will use the net proceeds from the issue of these Bonds for general corporate purposes…
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