3rd Jun 2020 10:36
(Alliance News) - Ferguson PLC on Wednesday said that it has raised USD600 million via issue of bonds at 3.25% with a ten-year maturity.
The bond proceeds will be for general corporate purposes, including the repayment of existing debt, and to increase liquidity.
Shares in the plumbing and heating products distributor were up 1.2% at 6,504.00 pence each in London.
By Tapan Panchal; [email protected]
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