VINCI $1 billion 3.75% bond issue

Overview:

• VINCI issued a $1 billion bond maturing in April 2029 with an annual coupon of 3.75%.
• VINCI is a worldwide company involved in the finance, design, construction and operations of infrastructures and facilities consisting on airports, motorways, bridges, tunnels, rails and stadiums facilities.
• The offering was made to institutional investors.
• The issue in US dollars enables VINCI to develop its sources of funding and its bond investor base by having access to the American bond market.

Laura Mendes - Researcher