Sodexo completes a bond issue of 1.5 billion euros
Regulated information
Sodexo, world leader in Quality of Life services, has completed today a bond issue for a total amount of €1.5 billion in two tranches, €700m to April 2025 with a rate of 0.785% and €800m to April 2029 with a rate of 1.123%. This operation was largely oversubscribed and placed with European investors.
In the context of the COVID-19 pandemic, this issuance aims at increasing Sodexo average debt maturity and securing its long-term liquidity reserves.
Sodexo will use the net proceeds of this bond issue for general corporate purposes.