Universal Music confirms €1 billion bond sale

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Universal Music Group has successfully priced a EUR €1 billion (USD $1.15 billion) bond offering. The bond sale is split into two tranches of €500 million each, UMG said on Tuesday (June 9). UMG, which trades on the Euronext Amsterdam, confirmed today (June 9) that it “has successfully priced €500m of 3.375% senior unsecured notes … Continued

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