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Juventus Issues €150 Million Bond to Optimize Debt Structure

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Juventus Issues €150 Million Bond to Optimize Debt Structure

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An update from Juventus Football Club Spa ( (IT:JUVE) ) is now available.

Juventus Football Club S.p.A. has issued a €150 million non-convertible bond with a fixed interest rate of 4.15%, maturing in September 2037. This issuance aims to optimize the company’s financial debt structure by increasing the average duration and fixed-rate portion, while potentially reducing the average cost of debt. The bond, fully subscribed by PGIM, highlights Juventus’ creditworthiness and is expected to support a progressive reduction in financial debt over the medium to long term.

The most recent analyst rating on (IT:JUVE) stock is a Hold with a EUR3.05 price target. To see the full list of analyst forecasts on Juventus Football Club Spa stock, see the IT:JUVE Stock Forecast page.

More about Juventus Football Club Spa

Juventus Football Club S.p.A. operates in the sports and entertainment industry, primarily focused on professional football. The company is known for its football team, Juventus F.C., which competes in top-tier leagues and tournaments, and it engages in related commercial activities.

Average Trading Volume: 669,996

Technical Sentiment Signal: Sell

Current Market Cap: €1.07B

Learn more about JUVE stock on TipRanks’ Stock Analysis page.

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