By Devika Patel
Knoxville, Tenn., April 20 – Tarkett issued a €300 million Schuldschein with fixed and variable rates.
It was upsized from €150 million due to demand.
The financing includes tranches with maturities of five and seven years, according to a news release.
Proceeds will be used primarily to refinance an existing loan.
Tarkett, based in Paris, provides sustainable solutions for flooring and sports surfaces.
| Issuer: | Tarkett
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| Issue: | Schuldschein
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| Amount: | €300 million
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| Coupon: | Fixed and variable rates
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| Maturity: | Five and seven years
|
| Distribution: | Private placement
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