Würth Group successfully issues EUR 500 million benchmark bond | Würth

Article by · 2015/05/14 ·

Künzelsau/’s-Hertogenbosch. The Würth Group took advantage of the favorable conditions in the capital markets to acquire long-term funds and very successfully issued a EUR 500 million euro bond in the market on 11 May 2015 through its financial company Würth Finance International B.V., based in Amsterdam, Netherlands.

The bond with a maturity of seven years carries an interest coupon of 1.00 percent p.a. and is secured through unconditional and irrevocable guarantees of Adolf Würth GmbH & Co. KG, Germany. Rating agency Standard & Poor’s has given the bond an “A, outlook stable” rating.(…)

via Press release.