Amount | €800 million |
Maturity | March 11, 2029 |
Coupon | 0.25% |
Implied rate | 0.329% |
Successful issue of a €800 million bond
Schneider Electric, the leader in digital transformation of energy management and automation, launched a €800 million EMTN (Euro Medium Term Note) issue maturing in 9 years with a fixed coupon rate of 0.25%. This transaction enables the Group to increase its debt maturity profile with continued reduction in its cost of financing. The details of the issuance are the following: