(Boursier.com) — The group Schneider Electric announced the success of the bond issue of 1.3 billion euros under the EMTN (Euro Medium Term Note) program.
A first tranche with a 7-year maturity carries a fixed coupon of 3% and the second tranche a coupon of 3.25% over 11 years. This transaction allows the group to extend the average duration of its debt and strengthen its liquidity.
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