Successfully completed the issuance of a €500m senior unsecured bond
07 October 2025ASTM placed a €500 million senior unsecured non-convertible bond with a 6-year term as part of its debt management and maturity optimization strategy, helping to strengthen the Group’s financial structure and flexibility.
Demand exceeded supply by approximately 3 times, with significant participation from foreign institutional investors who subscribed approximately 70% of the issue. The final spread was set at 100 basis points above the reference mid-swap, lower than the initial indication of 130- 135 basis points.
The bonds, with a fixed annual coupon of 3.375% and maturing date on February 16, 2032, were placed exclusively to qualified investors at an issue price of 99.331% and will be traded on Euronext Dublin.
Read the press release
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