on WORLDLINE (EPA:WLN)
Worldline completes a €500 million bond issue
Worldline, the world leader in payments services, announced a successful €500 million bond offering. The transaction, which will mature in November 2029 with a coupon of 5.250%, attracted significant demand from investors. This oversubscription illustrates the market’s confidence in the company’s operating model and credit profile.
The proceeds of this offering will be used primarily for general corporate purposes, possibly including the refinancing of part of Worldline's existing debt. The bonds will be listed on the Luxembourg Stock Exchange, with settlement and delivery expected on November 27, 2024.
The issue was led by BNP Paribas and Morgan Stanley as global coordinators. Rothschild & Co acted as financial advisor. With a BBB- rating from S&P Global Ratings, Worldline maintains its investment grade status despite a negative outlook.
R. H.
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