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IMCD N.V. Issues EUR 500 Million Bond to Strengthen Capital

IMCD N.V. Issues EUR 500 Million Bond to Strengthen Capital

IMCD N.V. (GB:0QVU) has released an update.

IMCD N.V., a global distributor of specialty chemicals and food ingredients, has successfully issued a new EUR 500 million bond with a 3.625% coupon rate, maturing in 2030. The bond, to be traded on Luxembourg’s EURO MTF market, aims to bolster IMCD’s capital structure for general corporate purposes. The issuance has been rated Baa3 by Moody’s and BBB- by Fitch.

For further insights into GB:0QVU stock, check out TipRanks’ Stock Analysis page.

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