bpost issues €650m long-term bond

bpost issues €650m long-term bond

bpost has announced that it has issued a €650m 8-year bond, two times oversubscribed, with a coupon of 1.25%.

The company said that the transaction will serve to refinance the November 2017 acquisition of Radial Holdings “at very good financial conditions”.

Koen Van Gerven, CEO of bpost, commented: “Following the award of an A credit rating by Standard & Poor’s in June 2018, this bond offering allows us to take another step towards the execution of our strategic plan. This transaction confirms the long-term confidence of investors.”

Relevant Directory Listings

Listing image

SwipBox

Focus on the user experience SwipBox is focused on creating the world’s best user experience for delivering and picking up parcels using parcel lockers. Through a combination of intuitive network management software and hassle-free, app-operated parcel lockers, SwipBox delivers maximum convenience to logistics providers, retailers […]

Find out more

Other Directory Listings

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What’s the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.

 

News Archive

Pin It on Pinterest

Share This