Künzelsau/’s-Hertogenbosch.The Würth Group took advantage of the favourable conditions in the capital markets to acquire long-term funds and successfully issued a EUR 500 million Euro bond in the market through its Amsterdam-based finance company Würth Finance International B.V.
The bond with a term of seven years carries an annual coupon of 1.75 percent p.a. and is secured through an unconditional, irrevocable guarantee by Adolf Würth GmbH & Co. KG (Künzelsau/Germany). The bond was given a credit rating of “A/outlook stable” by Standard & Poor’s and a “BBB+ / outlook stable” by Fitch Ratings. (…)
via Press release.