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Prosus ( (NL:PRX) ) just unveiled an announcement.
Prosus N.V. has successfully priced a EUR750 million 10-year bond at 4.343% under its Global Medium-Term Note Programme, with the offering being significantly oversubscribed. This move is part of Prosus’s strategy to enhance its liquidity management by refinancing maturing notes, which is expected to maintain its current credit ratings. The bond will be listed on Euronext Dublin, and the transaction is anticipated to close on 15 July 2025, subject to customary conditions.
More about Prosus
Prosus is a leading force in the global lifestyle ecommerce sector, operating across Europe, India, and Latin America. The company focuses on creating an AI-driven world for its 2 billion customers through a diverse technology ecosystem that includes food delivery, payments, classifieds, travel, events, and mobility. Prosus Ventures invests in innovative companies at the forefront of AI, ecommerce, and frontier technologies.
See more insights into PRX stock on TipRanks’ Stock Analysis page.