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Ocado Prices Upsized GBP500 Mln Notes Offering

Dow Jones Newswires · Oct 1, 2021 02:10

*DJ Ocado Group PLC Prices GBP500M Senior Notes Offering

(MORE TO FOLLOW) Dow Jones Newswires

October 01, 2021 02:00 ET (06:00 GMT)

*DJ Ocado: The Notes Are Due 2026 at Coupon of 3.875%

(MORE TO FOLLOW) Dow Jones Newswires

October 01, 2021 02:01 ET (06:01 GMT)

*DJ Ocado: Demand Was Upsized From Original Size of GBP400M

(MORE TO FOLLOW) Dow Jones Newswires

October 01, 2021 02:01 ET (06:01 GMT)

*DJ Ocado: Offering Is Expected to Close on Oct 8

(MORE TO FOLLOW) Dow Jones Newswires

October 01, 2021 02:01 ET (06:01 GMT)

DJ Ocado Prices Upsized GBP500 Mln Notes Offering

By Jaime Llinares Taboada

Ocado Group PLC said Friday that it has successfully priced an offering of 500 million pounds ($673.7 million) of senior notes.

The online grocer and retail-technology specialist said the offering was upsized from the originally anticipated size of GBP400 million.

The notes are due in 2026 and have a coupon of 3.875%.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

(END) Dow Jones Newswires

October 01, 2021 02:08 ET (06:08 GMT)

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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