Kering issues 1.75 billion euros worth of bonds


(AOF) – Kering has carried out a bond issue for a total amount of 1.75 billion euros. It is broken down into a tranche of 1 billion euros over 8 years with a coupon of 3.375% and a tranche of 750 million euros over 12 years with a coupon of 3.625%. This issue is part of the luxury group’s active liquidity management and contributes to increasing its financial flexibility.

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