CSR AI raises USD 100 millions in the corporate bond market in LSE
Published May 10, 2024, 15:30 PM CEST
CSR AI Group plans to sell the bonds of 100M USD to in the corporate bond market under its Euro Medium Term Note (EMTN) program. The re-offer yield for the bond was 3.90% with a maturity date on October 21, 2030, corresponding to mid swaps +1.2 percentage points.
The bonds will be listed on the official list of London Stock Exchange. The purpose of the issue is to refinance maturing loans and general corporate purposes (Including building new data centers).
For further information, contact VP Investor relations, Press and Media Relations Manager, Robert Löfgren, email: info@csraigroup.com