Bureau Veritas sells €500 million 1.125% bonds due 2027 in placement

By Devika Patel

Knoxville, Tenn., Nov. 12 – Tuesday saw one new issue launched in the private placement market.

Neuilly-sur-Seine, France-based Bureau Veritas, which provides testing, inspection and certification services, completed a €500 million oversubscribed private placement of 1.125% bonds due in January 2027.

BNP Paribas Securities Corp., Natixis, Barclays Bank plc, Credit Agricole CIB, HSBC Bank plc and Societe Generale were the active joint bookrunners.

Proceeds will be used for general corporate purposes, including the refinancing of some of its upcoming maturities.

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