Sweden: Essity issues €500m four-year bond offering at yield of 3.094%

Essity, the Stockholm headquartered hygiene and health company, has priced a €500m (US$500m) four-year bond paying a coupon of 3%. The deal was priced at 99.651 to give a yield to investors of 3.094%, representing a spread of 70 basis points over mid-swaps, the lower end of guidance. Essity is rated Baa1 by Moody’s and…

You must be a HMI Subscriber to view this content.

Subscribe Now »