Schneider Electric issued 650 million euros worth of Oceane

Published on Nov 20, 2023 at 6:56 p.m.

PARIS (Agefi-Dow Jones)–The electrical equipment manufacturer Schneider Electric announced Monday evening the success of an issue of bonds with the option of conversion into new shares and/or exchange for existing shares (Oceane) maturing in 2030 by way of placement with qualified investors. This bond issue concerns a nominal amount of 650 million euros. “The net proceeds from the issue will be allocated to the general needs of the company,” Schneider Electric said in a press release. ([email protected]) ed: LBO

Agefi-Dow Jones The financial newswire

Dow Jones Newswires

November 20, 2023 12:56 ET (17:56 GMT)

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