Sodexo Inc successfully completes inaugural US dollar bond issue of $1.25 billion
Sodexo Inc, the US subsidiary of Sodexo, world leader in Quality of Life services, has successfully completed yesterday a bond issue for a total principal amount of $1.25 billion in two tranches: $500 million due April 2026 with a coupon of 1.634% and $750 million due April 2031 with a coupon of 2.718%. This transaction is Sodexo Inc’s inaugural US dollar bond offering. Sodexo Inc will use the net proceeds for general corporate purposes. The bonds are guaranteed by Sodexo SA, the parent company of the Sodexo group.