Unilever Prices $3.15 Billion Bond in the US Market
May 03 2017 - 5:49AM
Dow Jones News
By Razak Musah Baba
LONDON--Unilever PLC (ULVR.LN) said Wednesday it has priced a
$3.15 billion bond on the U.S. market.
The consumer goods company said the bond's four tranches include
$800 million in 1.80% fixed rate notes due May 5, 2020; $850
million 2.20% fixed rate notes due May 5, 2022; $500 million 2.60%
fixed rate notes due May 5, 2024 and $1 billion in 2.90% fixed rate
notes due May 5, 2027.
The bond, which was priced on May 2, is scheduled to close on
May 5, it said.
At 0910 GMT, Unilever's London-listed shares were down 11 pence,
or 0.3%, at GBP40.19, valuing the company at 51.58 billion pounds
($66.70 billion).
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter:
@Raztweet
(END) Dow Jones Newswires
May 03, 2017 05:34 ET (09:34 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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