GDF Suez Sells €300M In 2111 Bonds

GDF Suez has raised €300 million from the sale of a 100-year bond.

GDF Suez has raised €300 million from the sale of a 100-year bond, Financial Times reports. The French utility has issued bonds carrying a coupon rate of 5.95% and maturing in 2111.

The new notes have launched with a yield of 6.125%. The size of the order book was not disclosed.

Click here for the story from Financial Times.