Porsche SE Issues Bond to Refinance Bridge Loan for Acquisition of Porsche AG Shares
By Giulia Petroni
Porsche Automobil Holding SE has issued a bond with a total volume of 750 million euros ($821.8 million) to refinance a bridge loan based for the stake acquisition in Porsche AG.
The holding company of Volkswagen AG said the bond will be traded on the regulated market of the Luxembourg Stock Exchange and its maturity is September 2028.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
April 20, 2023 12:51 ET (16:51 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
Never Mind Market Efficiency: Are the Markets Sensible?
-
Starbucks Stock Could Use a Pick-Me-Up After Big Selloff; Is it a Buy?
-
5 Cheap Stocks to Buy From an Attractive Part of the Market
-
Markets Brief: All Eyes On Inflation
-
5 Things We Learned From the Q1 Earnings Season
-
After Earnings, Is Palantir Stock a Buy, a Sell, or Fairly Valued?
-
What’s Happening In the Markets This Week
-
Can the Fed Declare Victory on Inflation?
-
After Earnings and a 56% Rally In 2024, Is Arm Stock a Buy, a Sell, or Fairly Valued?
-
How Morningstar Rates Stocks
-
After Earnings, Is Disney Stock a Buy, a Sell, or Fairly Valued?
-
Home Depot Earnings: Macro Factors Pinch Demand, but Long-Term Outlook Intact
-
Tariffs On Chinese EVs Offer US Automakers a Chance to Capture Demand
-
The Best REITs to Buy
-
3 Hot Stocks to Buy That Still Look Undervalued
-
After Earnings, Is Eli Lilly Stock a Buy, a Sell, or Fairly Valued?