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BRIEF-Vilmorin & Cie completes a private placement of 100 mln euros
March 30, 2017 / 4:15 PM / 4 months ago

BRIEF-Vilmorin & Cie completes a private placement of 100 mln euros

1 Min Read

March 30 (Reuters) - Vilmorin & Cie Sa:

* Vilmorin & cie successfully completes a private placement ("schuldschein") of 100 million euros ($107.25 million)

* Placement comprises maturities at 5, 7 and 10 years, combining fixed and variable rates

* Placement, initially planned for 75 million euros, was very largely oversubscribed (x 3.4) and raised to 100 million euros

* Confirms its disintermediation strategy, pursuing optimization of its financial resources Source text for Eikon:

Further company coverage: ($1 = 0.9324 euros) (Gdynia Newsroom)

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