By Wendy Van Sickle
Columbus, Ohio, June 22 – Veolia Environnement SA said it issued RMB 1.5 billion of 3.85% three-year bonds in the Chinese domestic market.
The Panda bonds were sold to Chinese and international investors, according to a company news release.
The coupon came in the middle of the range proposed to investors.
The company said the issue supports its objective to continue to actively pursue growth in China.
Veolia is an environmental services provider based in Paris.
| Issuer: | Veolia Environnement SA
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| Issue: | Panda bonds
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| Amount: | RMB 1.5 billion
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| Tenor: | Three years
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| Coupon: | 3.85%
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| Announcement date: | June 22
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