2nd Feb 2021 08:45
(Alliance News) -Â FTSE 100-listed Just Eat Takeaway.com NV on Tuesday said it has successfully placed EUR1.1 billion of convertible bonds.
The bonds consist of two tranches, with EUR600 million due August 2025 - upsized from EUR500 million - and EUR500 million due February 2028.
Late Monday, Just Eat Takeaway.com said it was looking to offer EUR1.00 billion in bonds.
"Just Eat Takeaway.com intends to use the net proceeds from the issue of the Convertible Bonds for general corporate purposes as well as to provide the Company with financial flexibility to act on strategic opportunities which may arise," the food delivery firm said.
Shares in Just Eat Takeaway.com were down 2.0% at 8,248.00 pence in London on Tuesday, the fourth worst blue chip performer.
By Lucy Heming;Â [email protected]
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