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Vonovia Places €1.5 Billion of Bonds at 4.875%

The Proceeds and €500 Million Cash Will Be Used To Pay Off Debt Due Next Year and in 2024
One of Vonovia's properties in the town of Bochum. (Vonovia)
One of Vonovia's properties in the town of Bochum. (Vonovia)
CoStar News
November 16, 2022 | 10:06 AM

German residential company Vonovia has placed two unsecured bonds totaling €1.5 billion at a weighted average coupon of 4.875% and weighted average maturity of 6.3 years.

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