L’Oréal Prices €2B Triple-Tranche Bond
L’Oréal priced a €2B bond: €850M 2-year FRN at Euribor 3M +27 bps, €500M 3-year at 3.75%, and €650M 7-year at 4.00%. Proceeds are for general corporate purposes.Material DetailsContext by AI AnalystThis is a routine funding move consistent with L’Oréal’s high-grade balance sheet and ongoing liquidi…