By Devika Patel
Knoxville, Tenn., May 19 – Unedic sold €4 billion of 0.1% social bonds due Nov. 25, 2026, according to a market announcement. Natixis was the bookrunner.
The order book reached €7.75 billion.
Proceeds will be used to finance measures to respond to the economic crisis.
Unedic is a Paris-based independent association that provides unemployed people with social benefits.
| Issuer: | Unedic
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| Securities: | Bonds
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| Amount: | €4 billion
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| Maturity: | Nov. 25, 2026
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| Coupon: | 0.1%
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| Bookrunner: | Natixis
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| Announcement date: | May 19
|
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