Prysmian – Prysmian prices Euro 1,500 million dual-tranche issuance under its EMTN Programme

Today, Prysmian S.p.A. has successfully priced a dual-tranche offering of unsecured senior notes for a total of 1,500 million Euro that are expected to be rated BBB- by S&P Global Ratings Europe Limited (S&P). 

The issuances consist of a series with a four-year maturity of 850 million Euro due on 28th November 2028, with an annual fixed rate coupon set at 3.625%, with an issue price equal to 99.817 and a series with a seven-year maturity of 650 million Euro due on 28th November 2031, with an annual fixed rate coupon set at 3.875%, with an issue price equal to 99.459.

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