Euronext launches offering of bonds due 2032

Euronext Launches an Offering of Bonds Due 2032

The firm revealed that the offering is being conducted through a private placement to qualified investors only, excluding retail investors.  The bonds will pay a fixed annual coupon of between 1.5% and 2.0%, with interest payable semi-annually.  The initial conversion price will be set 30% to 35% above Euronext’s reference share price on Euronext Paris, and final terms are expected following completion of a bookbuilding process. Proceeds from th…

Euronext launches offering of bonds due 2032

European capital market infrastructure Euronext announced today the launch of an offering of senior unsecured bonds due 2032.