Korian places new €400m convertible bond

Aidan Gregory

March 03, 2020 04:15 pm

Korian_PA_575_375 — (200228) -- NEW YORK, Feb. 28, 2020 (Xinhua) -- A trader works at New York Stock Exchange in New York, the United States, on Feb. 28, 2020. U.S. stocks ended mixed on Friday. The Dow was down 1.39 percent to 25,409.36, the S&P 500 fell 0.82 percent to 2,954.22, and the Nasdaq was up 0.01 percent to 8,567.37. (Xinhua/Wang Ying) | Wang Ying/Xinhua News Agency/PA Images

Korian, a French owner and operator of care homes, issued a new €400m seven year convertible bond on Tuesday, as equities rallied on hopes of central bank stimulus to combat the economic cost of the Covid-19 corona virus outbreak.

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Topics

Morgan Stanley Health and Biotech BNP Paribas Equity Europe France EMEA SRI Corporate Bonds Equity-Linked

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Aidan Gregory