Semperit issues €140m in corporate loans

Vienna – Semperit Group has announced its largest ever capital market transaction with the issue of corporate ‘schuldschein’ loans valued at over €140 million.

The placement, in three foreign currencies,  was much higher than originally targeted due to good national and international investor demand, the Austrian rubber-producer said 7 Nov. Pricing, it added, was at the lower end of the notified range.

The corporate loans – tranches in US dollars, Polish zlotys and Czech crowns, with maturities of three, five and seven years – will help ‘optimise’ the group’s…

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