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Wolters Kluwer Prices €500 Million Eurobond to Bolster Financial Position

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Wolters Kluwer Prices €500 Million Eurobond to Bolster Financial Position

Wolters Kluwer N.V. ( (NL:WKL) ) has shared an update.

Wolters Kluwer has successfully priced a €500 million seven-year senior unsecured Eurobond with an annual coupon of 3.375 percent, set to mature in 2032. The proceeds from this bond, which was placed with a broad range of institutional investors across Europe, will be used for general corporate purposes, potentially strengthening the company’s financial position and supporting its operations across its diverse market sectors.

More about Wolters Kluwer N.V.

Wolters Kluwer is a global leader in providing information solutions, software, and services for professionals across various sectors including healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, corporate performance, and ESG. The company reported annual revenues of €5.9 billion in 2024, serves customers in over 180 countries, operates in over 40 countries, and employs approximately 21,600 people worldwide. It is headquartered in Alphen aan den Rijn, the Netherlands.

YTD Price Performance: -11.95%

Average Trading Volume: 127,708

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €31.77B

See more data about WKL stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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