Unilever prices $1.25bn bond on US market
Unilever announced on Tuesday that it had priced a dual-tranche $1.25bn bond on the US market on Monday.
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The FTSE 100 consumer products company said $550m 1.375 % fixed rate notes are due 28 July 2021, with a further $700m 2.0% fixed rate notes due 28 July 2026.
It said the bond offering is scheduled to close on 28 July 2016.
“This offering is being made only by means of a prospectus and related prospectus supplement,” the company’s board confirmed in a statement.
Morgan Stanley, Goldman Sachs, JPMorgan and Mizuho Securities USA were named as working with Unilever on the offer.