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PARIS - Altrad Investment Authority has finalized a €1.25 billion bond issuance with no stabilization measures undertaken, according to an announcement from J.P. Morgan SE on Tuesday.
The offering consisted of €550 million in 4-year fixed-rate senior unsecured notes and €700 million in 7-year fixed-rate senior unsecured notes. Both tranches were priced at 100% of their face value and will be listed on Euronext (EPA:ENX) Paris.
J.P. Morgan SE served as the stabilization coordinator for the transaction, with BNP Paribas (OTC:BNPQY), Crédit Agricole CIB, Natixis, CIC, Commerzbank (ETR:CBKG), and Société Générale (EPA:SOGN) acting as stabilization managers.
The post-stabilization announcement follows a pre-stabilization notice issued on Monday. According to the statement, no stabilization activities were undertaken for these securities as defined under Article 3.2(d) of the Market Abuse Regulation or Financial Conduct Authority rules.
The notes were issued in bearer dematerialized form under Regulation S, indicating they were not registered for sale in the United States.
This information was provided through a Regulatory News Service (RNS) announcement via the London Stock Exchange (LON:LSEG), based on a press release statement from J.P. Morgan SE.
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