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Essity raises EUR 600m in the bond market
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Concerns About Office Cleanliness And Hygiene Measures Weigh On American Workers As Many Begin Returning To The Office
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Invitation to presentation of Essity s Interim report for the first quarter 2021
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Essity Cutimed® Sorbact® Advanced Wound Care Products Receive Innovative Technology Contract From Vizient, Inc.
March 1, 2021 GMT
PHILADELPHIA, March 1, 2021 /PRNewswire/ Essity, a leading global hygiene and health company, announces its Cutimed® Sorbact®, has received a 2021 Innovative Technology contract from Vizient, Inc., the largest member-driven, healthcare performance improvement company in the United States.
The contract was awarded based on the recommendations of health care experts serving on a Vizient member-led council who interacted with the product through the Vizient Innovative Technology Program. The council determined the technology had the potential to enhance clinical care, patient safety, health care worker safety or improve business operations of health care organizations.
Essity raises EUR 700m in the bond market
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STOCKHOLM, Feb. 1, 2021 /PRNewswire/
Essity has today raised EUR 700m in the bond market under its Euro Medium Term Note (EMTN) program. The reoffering yield for the bond was 0.289% with a maturity on February 8, 2031, corresponding to mid swaps +0.47 percentage points.
The bond offering was oversubscribed, and the transaction was placed with more than 100 investors.
The bonds will be listed on the Luxembourg Stock Exchange. The purpose of the issue is to refinance maturing bond loans and to finance operations.
Danske Bank, JP Morgan, Nordea, and UniCredit Bank acted as joint bookrunners for the transaction.