Bpost NV van Publiek Recht (GB:0QF5) has released an update.
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bpostgroup has successfully issued a €1 billion senior unsecured bond loan, with an enthusiastic market response resulting in a 4.4 times oversubscription. The bond, issued in two tranches with maturities of 5 and 10 years, will fund the refinancing of a bridge loan for the recent acquisition of Staci. This financial move demonstrates strong investor confidence in bpostgroup’s business model and strategic direction.
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