By Devika Patel
Knoxville, Tenn., Nov. 12 – Bureau Veritas completed a €500 million oversubscribed private placement of 1.125% bonds due in January 2027, according to a company press release.
BNP Paribas Securities Corp., Natixis, Barclays Bank plc, Credit Agricole CIB, HSBC Bank plc and Societe Generale were the active joint bookrunners.
Proceeds will be used for general corporate purposes including the refinancing of some of its upcoming maturities.
Based in Neuilly-sur-Seine, France, Bureau Veritas provides testing, inspection and certification services.
Issuer: | Bureau Veritas
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Issue: | Bonds
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Amount: | €500 million
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Bookrunners: | BNP Paribas Securities Corp., Natixis, Barclays Bank plc, Credit Agricole CIB, HSBC Bank plc and Societe Generale
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Maturity: | January 2027
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Coupon: | 1.125%
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Announcement date: | Nov. 12
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Distribution: | Private placement
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