SCA issues 600 million Euros Eurobond
May 20 2011 SCA has issued a 600 million Euros 5.25-year Eurobond under its EMTN program (Euro Medium Term Note). The bond carries a coupon of 3,625 percent.
The bond offering was well oversubscribed. The bond was finally placed with some 150 international investors.The bonds will be listed on the Luxembourg Stock Exchange. The proceeds of the offering will be used for general corporate purposes.BNP Paribas, Deutsche Bank, ING and UniCredit acted as joint bookrunners for the transaction.
