OPmobility Successfully Raises €300 Million in New Bond Issuance
"OPmobility, a global leader in mobility solutions, successfully issued a new bond worth €300 million to institutional investors. This follows a previous bond issuance of €500 million in March 2024. The bonds, which carry an interest rate of 4.2955% and mature on February 5, 2031, will be used for general corporate purposes, including refinancing existing debt. BNP Paribas, CIC, Crédit Agricole CIB, and Natixis CIB acted as bookrunners, with BNP Paribas and Natixis CIB serving as global coordinators. Legal counsel was provided by CMS Francis Lefebvre for the bookrunners and Herbert Smith Freehills Kramer Paris LLP for OPmobility."