Eureko BV announces today the issuance of 5 year senior unsecured notes with a nominal amount of EUR 750 million under its EUR 2.5 billion Programme for the Issuance of Debt Instruments. The notes carry a coupon of 7.375%. The transaction is expected to close on June 16, 2009.
The issue will be primarily placed among institutional investors and the proceeds will be used for general purposes. The notes are expected to be rated A- by Standard & Poor's. With the successful issue, which was more than three times oversubscribed, Eureko demonstrates its financial flexibility and its wide access to capital markets.
The joint book runners are Barclays Capital, JP Morgan Securities Limited, Rabobank International and UBS Investment Bank.
Copies of the documentation relating to this offering are available on www.eureko.net
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