AndhraNews.net
Home » Business News » 2013 » February » February 21, 2013

Corio successfully placed € 500 m Eurobond


February 21, 2013 - London

Following a three-day roadshow in Europe, Corio successfully placed a € 500 m benchmark Eurobond maturing in February 2021. The 8 year bonds have a 3.25% coupon and the issue price is 99.945%. The settlement date has been set at 28 February 2013. The bonds were issued under Corio's EMTN program and placed with a broad range of institutional investors, primarily from Europe.


The net proceeds of the issue of the bonds will be used for general corporate purposes. Bank of America Merrill Lynch, Deutsche Bank and RBS acted as joint lead managers for this issue. The bonds will be listed on NYSE Euronext in Amsterdam.


Corio has been assigned a BBB+ rating by Standard & Poor's and a Baa1 by Moody's.


Press release



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Corio NV via Thomson Reuters ONE

HUG#1680218

Thomson Reuters

Comment on this story

Share