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Victoria prices €250m corporate bond offering
StockMarketWire.com
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Flooring company Victoria said it had priced a €250 million bond offering that would see it refinance existing debt and improve its cost of capital and maturity profile.
The 3.75% fixed rate senior secured notes were due 2028.
'The board of Victoria is delighted with this outcome, with pricing only 0.125% above the recently issued 2026 notes, despite the longer, seven-year, maturity,' it said.
At 9:18am: (LON:VCP) Victoria PLC share price was 0p at 437.5p
Story provided by StockMarketWire.com
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