Cie du Bois Sauvage : SUCCESS OF PRIVATE PLACEMENT OF 7 YEAR BONDS 17-11-2016
Through its private placement on November 15, 2016, Compagnie du Bois Sauvage has gathered a total amount of 21,3 million EUR. The issued bonds have a duration of 7 years and an interest rate of 2 % which is payable annually. The bonds, having a face value of EUR 100,000 each, have been placed through a private placement with a limited number of Belgian and international investors.
November 25th, 2016, has been set as closing date. The operation was coordinated by Banque Degroof Petercam and BNPParibas-Fortis.
Compagnie du Bois Sauvage also reports that the refinancing of its bond loan 2013-2018 of EUR 45 million has been secured by bank loans at market rate for a 5 year-period (2018-2023).
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