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