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Sainsbury’s Announces Final Terms for £550M Note Issuance
Company Announcements

Sainsbury’s Announces Final Terms for £550M Note Issuance

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Invest with Confidence:

J Sainsbury plc ( (GB:SBRY) ) has provided an announcement.

J Sainsbury plc has published the final terms for two significant notes under its £5 billion Euro Medium Term Note Programme. The company issued £250 million at 5.125% due in 2030 and £300 million at 5.625% due in 2035, indicating a strategic move to secure financing and potentially strengthen its financial position in the retail market.

More about J Sainsbury plc

J Sainsbury plc is a prominent player in the retail industry, primarily offering groceries, general merchandise, and financial services. As one of the UK’s largest supermarket chains, Sainsbury’s focuses on delivering value and quality to its customers while maintaining a strong market presence.

YTD Price Performance: -5.99%

Average Trading Volume: 7,429,595

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £5.94B

See more insights into SBRY stock on TipRanks’ Stock Analysis page.

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