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Klépierre places 15-year €500 million bond at a 1.625% coupon
Klépierre issued a 15-year, €500 million bond maturing December 13, 2032. The bond was priced at 50 basis points above the swap rate, the tightest spread ever for a European REIT for a 15-year maturity or longer. It translates into a coupon of 1.625%.