Iberdrola Completes Multi-Tranche Eurobond Issue
Company Announcements

Iberdrola Completes Multi-Tranche Eurobond Issue

Iberdrola (ES:IBE) has released an update.

Iberdrola Finanzas, S.A. has successfully issued bonds worth a total of 2.15 billion euros in the Euromarket, backed by the parent company Iberdrola, S.A. The issuance is divided into three tranches with varying maturity dates and coupons, ranging from 2.625% to 3.375%, and all slightly below their nominal value. The bonds are part of the company’s Euro Medium Term Notes program and have been placed by a consortium of international banks.

For further insights into ES:IBE stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyIberdrola price target raised to EUR 13.50 from EUR 12.60 at JPMorgan
Ryan AdistIberdrola (0HIT) Announces Q1 Dividend: Read On for Important Dates
TipRanks Spain Auto-Generated NewsdeskIberdrola Issues £500M Green Bonds in UK Market
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App