Arcadis Raises 300 Million Euros Through a 4% Bond Due in 2031
Arcadis announced on Wednesday the successful issuance of a 300 million euro bond. This operation is part of a proactive management strategy of its capital structure and maturity profile.
Characteristics of the Eurobond
The Eurobond carries an annual coupon rate of 4.00% and will mature on May 20, 2031. The operation attracted significant interest from a broad base of institutional investors. The settlement of the securities is scheduled for May 20, 2026. An application for listing on the Luxembourg Stock Exchange and for admission to trading on the Euro MTF Market has been filed.
Allocation of Funds and Management Commentary
The net proceeds from the issue will be used for refinancing existing debt and for general corporate purposes. Simon Crowe, CFO of Arcadis, stated: 'We are very pleased with the successful execution of our bond issue in the current market environment and the strong support received from a wide group of diversified investors. This operation represents an important step in further strengthening our capital structure and extending our maturity profile.'
