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Published on 1/21/2020 in the Prospect News Emerging Markets Daily.

New Issue: Prosus selling $1.25 billion of 3.68% 10-year senior notes

By Devika Patel

Knoxville, Tenn., Jan. 21 – Prosus NV (Baa3/BBB-) priced $1.25 billion of 3.68% 10-year senior notes, according to a market announcement.

Prosus, formerly Myriad International Holdings BV, is a Hoofddorp, Netherlands-based holding company and subsidiary of Cape Town, South Africa-based mass media company Naspers Ltd.

Issuer:Prosus NV
Amount:$1.25 billion
Description:Senior notes
Maturity:2030
Coupon:3.68%
Announcement date:Jan. 21
Ratings:Moody’s: Baa3
S&P: BBB-

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