Artemis hits target: cheap funding with no dilution

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Artemis hits target: cheap funding with no dilution

Kering Gucci from PA 230x150
Model walks on the runway during the Gucci Fashion Show during Milan Fashion Week Spring Summer 2018 held in Milan, Italy on September 20, 2017. (Photo by Jonas Gustavsson/Sipa USA) | Jonas Gustavsson/SIPA USA/PA Images

Artemis, the Pinault family holding company that owns €17bn of shares in Kering, the French luxury goods group, raised €383m on Tuesday with an innovative equity-neutral exchangeable bond, in which Crédit Agricole acts as an extra counterparty to investors.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article