Germany's Schaeffler says refinances approx. 3.5 bln eur of debt

Newswire

FRANKFURT, May 6 (Reuters) - German engineering group Schaeffler <IPO-SHF.F> said it had refinanced around 3.5 billion euros ($4.9 billion) worth of debt, including new bond issues of around 2 billion euros. Schaeffler said it would place euro and dollar-denominated senior secured benchmark bonds with maturities of 5, 7 and 8 years wih institutional investors and would also place a debut unsecured euro bond with a 5 year maturity. It will also replace loan ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×