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Experian Announces €500 Million Bond Issue to Diversify Funding
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Experian Announces €500 Million Bond Issue to Diversify Funding

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The latest announcement is out from Experian ( (GB:EXPN) ).

Experian plc has announced the pricing of a €500 million bond issue through its subsidiary, Experian Finance plc. This bond, due in December 2033 with a 3.51% interest rate, is part of Experian’s Euro Medium Term Note Programme and is guaranteed by Experian plc. The issuance aims to extend the company’s debt maturity and diversify funding sources, with proceeds allocated for general corporate purposes, including acquisitions, potentially impacting Experian’s market positioning and stakeholder interests.

More about Experian

Experian is a global data and technology company that offers a range of services including redefining lending practices, preventing fraud, simplifying healthcare, delivering digital marketing solutions, and providing insights into the automotive market. The company operates in various sectors such as financial services, healthcare, automotive, agrifinance, and insurance. It is a FTSE 100 company listed on the London Stock Exchange, with 22,500 employees across 32 countries and headquarters in Dublin, Ireland.

YTD Price Performance: -0.48%

Average Trading Volume: 11,743

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $38.6B

Find detailed analytics on EXPN stock on TipRanks’ Stock Analysis page.

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