By Lisa Kerner
Charlotte, N.C., July 12 - Altran Technologies privately placed a €135 million 3.75% six-year bond with a limited number of institutional investors.
The bond is listed on NYSE Euronext Paris.
"Following the successful early redemption of the convertible bonds in May 2013, Altran is taking another step forward strengthening its balance sheet structure and significantly enhancing its financial capacity with a particular focus on achieving its strategic growth objectives," chairman and chief executive officer Philippe Salle said in a company news release.
Altran is a Paris-based science and engineering consulting company.
| Issuer: | Altran Technologies
|
| Issue: | Bond
|
| Amount: | €135 million
|
| Maturity: | Six years
|
| Coupon: | 3.75%
|
| Distribution: | Private placement
|
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