France: Korian issues £200m perpetual green bond with 4.125% coupon

Leading European operator of social and healthcare infrastructure, Korian, has issued its first hybrid bond and the bond market’s first unrated non-convertible perpetual green bond transaction in sterling for £200m (US$282.9m) paying a 4.125% coupon and callable in June 2024. It was priced at 99.655 to yield 4.25% at re-offer, a spread of around 407bp…

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