Bond issue for a total amount of eur 750 million

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    • Bond issue for a total amount of eur 750 million
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    giovedì 14 novembre 2024

    Bond issue for a total amount of eur 750 million

    Kering has issued a single-tranche bond for a total of EUR 750 million, with a 10-year maturity and a 3.625% coupon.

    This issue, in line with the Group’s active liquidity management, enables Kering to enhance its financial flexibility.

    The great success of this issue with bond investors underscores the market’s confidence in Kering’s credit quality.

    Kering has a long-term rating of 'BBB+' from Standard & Poor's
     

     

    About Kering

     

    Kering is a global Luxury group that manages the development of a collection of renowned Houses in Fashion, Leather Goods and Jewelry: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo, Qeelin, Ginori 1735, as well as Kering Eyewear and Kering Beauté. By placing creativity at the heart of its strategy, Kering enables its Houses to set new limits in terms of their creative expression while crafting tomorrow’s Luxury in a sustainable and responsible way. We capture these beliefs in our signature: Empowering Imagination. In 2023, Kering had 49,000 employees and revenue of €19.6 billion.

     



    Contacts

     

    Press

    Emilie Gargatte +33 (0)1 45 64 61 20      emilie.gargatte@kering.com     

    Marie de Montreynaud       +33 (0)1 45 64 62 53      marie.demontreynaud@kering.com  

     

                               

    Analysts/investors

    Claire Roblet     +33 (0)1 45 64 61 49      claire.roblet@kering.com