Kering: Bond issue for a total amount of EUR 750 million
14 Novembre 2024 - 6:00PM
UK Regulatory
Kering: Bond issue for a total amount of EUR 750 million
Press release - Bond issue - November 2024
PRESS RELEASE |
November 14, 2024 |
BOND ISSUE FOR A TOTAL AMOUNT OF EUR 750
MILLION
Kering has issued a single-tranche bond for a
total of EUR 750 million, with a 10-year maturity and a 3.625%
coupon.
This issue, in line with the Group’s active
liquidity management, enables Kering to enhance its financial
flexibility.
The great success of this issue with bond
investors underscores the market’s confidence in Kering’s credit
quality.
Kering has a long-term rating of 'BBB+' from
Standard & Poor's.
About Kering
A global Luxury group, Kering manages the
development of a series of renowned Houses in Fashion, Leather
Goods and Jewelry: Gucci, Saint Laurent, Bottega Veneta,
Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo,
Qeelin and Ginori 1735, as well as Kering Eyewear and Kering
Beauté. By placing creativity at the heart of its strategy, Kering
enables its Houses to set new limits in terms of their creative
expression while crafting tomorrow’s Luxury in a sustainable and
responsible way. We capture these beliefs in our signature:
“Empowering Imagination”. In 2023, Kering had 49,000 employees and
revenue of €19.6 billion.
Contacts
Press |
|
|
Emilie
Gargatte |
+33 (0)1 45 64 61
20 |
emilie.gargatte@kering.com |
Marie de
Montreynaud |
+33 (0)1 45 64 62
53 |
marie.demontreynaud@kering.com |
|
|
|
Analysts/investors |
|
|
Claire
Roblet |
+33 (0)1 45 64 61
49 |
claire.roblet@kering.com |
- Press release - Bond issue - November 2024
Grafico Azioni Kering (TG:PPX)
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