C&C Group Plc issue new USPP notes

  • Mar 26, 2020 GMT
  • Team Kalkine
C&C Group Plc (LON: CCR) has announced the successful issue of the equivalent of around €140million in Euro and Sterling of new USPP (US Private Placement) notes.
  • The issue marks the company’s debut issue in the USPP market and is in accordance with its aim of diversifying the sources of debt financing.
  • The USPP notes have maturities of 10 and 12 years and their contracts are aligned to those of the Group’s existing debt facility.
  • On 27th March 2020, at the time of writing, GMT 08:03 AM, CCR shares were trading at GBX 182.14, up by 3.94 points or 2.21 per cent against the previous day closing price.
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