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Oct 24 2024, 07:40 IST/BST
Kingspan Group
Debut public bond announced on attractive terms
- Sectors : Building products
- Companies : Kingspan Group
DAVY VIEW
Kingspan has successfully completed its first public bond offering on attractive terms. It has raised €750m at a fixed coupon of 3.5% per annum on a seven-year term. The bond was significantly oversubscribed and supports the group’s ongoing commitment to expansion and growth. Kingspan has proved itself an astute allocator of capital through the cycle and we believe it remains exceptionally well placed to deliver excellent results and returns.
