debt
confidence high
sentiment neutral
materiality 0.50
ManpowerGroup issues €400M 3.5% notes due 2027 to refinance existing debt
ManpowerGroup Inc.
- Issued €400 million aggregate principal of 3.500% notes maturing June 30, 2027.
- Net proceeds of approximately €396.42 million received; issue price 99.465%.
- Proceeds to repay €400 million 1.875% notes due September 11, 2022.
- Remaining proceeds for general corporate purposes, including share repurchases and acquisitions.
- Notes are unsecured senior obligations, listed on Euronext Dublin.