Prysmian SpA (IT:PRY) has released an update.
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Prysmian SpA has launched a Euro Medium Term Note program worth €3 billion to refinance existing debt and strengthen its financial structure. This initiative aims to provide greater flexibility and support the company’s growth strategy by accessing a broader base of funding. The company plans to list the notes on the Luxembourg Stock Exchange, targeting institutional investors in Europe.
For further insights into IT:PRY stock, check out TipRanks’ Stock Analysis page.