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Bunzl Finance plc Issues £500 Million in Senior Unsecured Notes

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Bunzl Finance plc Issues £500 Million in Senior Unsecured Notes

Bunzl plc ( (GB:BNZL) ) has provided an update.

Bunzl Finance plc has announced the publication of pricing supplements for the issuance of £500 million in senior unsecured notes, split into two tranches due in 2031 and 2036, under its £2 billion Euro Medium Term Note Programme. This strategic move is expected to strengthen Bunzl’s financial position, providing the company with additional capital to support its operations and growth initiatives, potentially enhancing its market presence and offering stability to stakeholders.

More about Bunzl plc

Bunzl plc operates in the distribution and outsourcing industry, providing a wide range of products and services including packaging, cleaning and hygiene supplies, safety products, and healthcare consumables. The company focuses on serving a diverse range of markets such as retail, healthcare, and foodservice sectors.

YTD Price Performance: -12.32%

Average Trading Volume: 835,965

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £9.69B

See more insights into BNZL stock on TipRanks’ Stock Analysis page.

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