Luxembourg: Eurofins prices new 10-year bond issue with 0.875% coupon

Eurofins Scientific (rate Baa3 Moody’s and BBB- by Fitch) has priced its planned bond issue. The global bioanalytical testing company launched a €750m 10-year transaction with a fixed-rate coupon of 0.875%. The transaction, the first since the company received investment grade credit ratings, was more than 1.5x over-subscribed, according to Eurofins. As earlier outlined, the…

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