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Signify to refinance bridge loans with proceeds from new eurobonds
By Sarah Lizee
Olympia, Wash., April 30 – Signify plans to refinance the bridge loan used to finance its March 2 acquisition of Cooper Lighting using proceeds from new eurobonds, according to a press release.
The company announced that it priced €1.28 billion of the bonds in two parts due 2024 and 2027.
The lighting company is based in Eindhoven, the Netherlands.
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