Unilever Prices $2.1 Billion Bond Issue
March 20 2018 - 8:31AM
Dow Jones News
By Adam Clark
Unilever PLC (ULVR.LN) said Tuesday that it has priced a $2.1
billion bond issue on the U.S. market.
The consumer goods company said the issue is made up of four
tranches: An initial $400 million of 2.75% fixed-rate notes due in
2021, followed by $550 million of 3.125% notes due in 2023, $350
million in 3.375% 2025-dated notes, and $800 million of 3.5%
2028-dated notes. All are due on March 22 of their respective
years.
The bond offering is due to close Thursday.
London-listed shares in Unilever were last down 13 pence at
3,763 pence.
Write to Adam Clark at adam.clark@dowjones.com;
@AdamDowJones
(END) Dow Jones Newswires
March 20, 2018 08:16 ET (12:16 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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