Member access

4-Traders Homepage  >  Shares  >  Euronext Paris  >  KERING    KER   FR0000121485

KERING (KER)

1129
SummaryQuotesChart AnalysisNewsCalendarCompanyFinancialsConsensusRevisions 

PPR : ?500m bond issue

04/13/2012 | 09:50am US/Eastern
Recommend:
0

 

PRESS RELEASE
 

Paris, April 13th, 2012
 

 PPR: €500m bond issue

PPR has issued a €500m, 3.125% fixed-rate bond maturing in April 2019.

This issue, in line with the Group's active liquidity management, enables PPR to diversify its sources of financing and to enhance its funding flexibility through refinancing of existing debt and extension of their average maturity.

The great success of this issue with investors confirms the confidence of the market in the creditworthiness of the Group. PPR's long-term debt is rated BBB with stable outlook by Standard & Poor's.

The placement is managed by BNP Paribas, HSBC, Mediobanca, Mitsubishi UFJ Securities, RBS, Santander Global Banking and Markets, UniCredit.

 About PPR

The PPR Group empowers a coherent ensemble of Luxury and Sport & Lifestyle premium brands, specializing in apparel and accessories, to reach their full growth potential. Distributed in more than 120 countries, PPR generated revenues of €12.2 billion in 2011 and had over 47,000 employees at year end. The PPR share is listed on Euronext Paris (FR 0000121485, PRTP.PA, PPFP). 

Find out more on Gucci, Bottega Veneta, Yves Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Stella McCartney, Boucheron, Girard-Perregaux, JeanRichard, Sergio Rossi, Puma, Volcom, Cobra, Electric, Tretorn and Fnac at www.ppr.com:
http://www.ppr.com/.

 

500m bond issue-April 2012:
http://hugin.info/143546/R/1602380/506297.pdf



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: PPR via Thomson Reuters ONE

HUG#1602380
Recommend :
0
React to this article
Latest news on KERING
1d ago KERING : Statement of transactions directly carried out by the issuer as part of..
1d ago KERING : Total number of shares and voting rights as of April 15, 2014
6d ago Mulberry sees rocky road ahead as it reverts to lower-priced handbags
04/16 Burberry revenue jumps, sees profits hit by strong pound
04/14 Gucci takes direct control of Moscow shops
04/11 KERING : HEC Paris, Tsinghua University and Kering launch executive education pr..
04/11 Uniqlo steps up Europe push with stores in Berlin and Paris
04/10DJEuropean Stocks End Lower; Iberdrola Drops
04/10DJEUROPE MARKETS : European Stocks End Lower; Iberdrola Drops
04/10 KERING : Ordinary and Extraordinary Shareholders' Meeting of May 6, 2014
Advertisement
Chart
Duration : Period :
KERING Technical Analysis Chart | KER | FR0000121485 | 4-Traders
Income Statement Evolution
KERING : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF