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Kering has issued a single-tranche bond for a total of EUR 750 million, with a 10-year maturity and a 3.625% coupon.
This issue, in line with the Group’s active liquidity management, enables Kering to enhance its financial flexibility.
The great success of this issue with bond investors underscores the market’s confidence in Kering’s credit quality.
Kering has a long-term rating of 'BBB+' from Standard & Poor's
(Press Release)
