Universal Music Group has priced 1 billion euros in bonds to be issued on the Amsterdam Euronext stock exchange.
Courtesy Photo
Universal Music Group (UMG) said on Tuesday (June 9) it priced a total of 1 billion euros in bonds, to be issued on the Amsterdam Euronext stock exchange in an offering expected to close on June 16.
The bonds will be issued in two tranches: the first 500 million euros are four-year notes priced at 3.375% due in 2030, and the second 500 million euros are 10-year notes of 4.125% due in 2036.
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