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Bunzl Creates GBP1.00 Billion Medium Term Notes Scheme

21st Jul 2020 19:03

(Alliance News) - Bunzl PLC on Tuesday said its finance arm has established a GBP1.00 billion medium term notes programme.

Under the scheme, Bunzl Finance PLC may "from time to time" issue notes up to GBP1.00 billion in total, with Bunzl itself acting as a guarantor.

"The programme has been established to add to the range of financing facilities that Bunzl PLC has in place to meet its funding requirements and provide additional flexibility as to how those requirements are met in the future," the distribution and services firm explained.

Bunzl shares closed 1.0% lower at 2,260.00 pence each in London on Tuesday.

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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