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Amadeus IT Group Issues €500 Million Bond to Enhance Financial Flexibility

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Amadeus IT Group Issues €500 Million Bond to Enhance Financial Flexibility

Amadeus IT Group S.A ( (ES:AMS) ) just unveiled an announcement.

Amadeus IT Group S.A. has announced the issuance of a €500 million bond under its Euro Medium Term Note Programme, with a fixed interest rate of 3.375% and a maturity date in 2030. This issuance, aimed at addressing general corporate financing needs, is expected to bolster Amadeus’s financial flexibility and support its strategic initiatives in the competitive travel technology market.

More about Amadeus IT Group S.A

Amadeus IT Group S.A. operates in the technology sector, providing IT solutions primarily for the travel and tourism industry. The company is known for its comprehensive suite of products and services that cater to airlines, travel agencies, and other travel-related businesses, focusing on enhancing operational efficiency and customer experience.

YTD Price Performance: 3.67%

Average Trading Volume: 567,052

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €30.32B

See more data about AMS stock on TipRanks’ Stock Analysis page.

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