The FINANCIAL — Sanofi announces that it has successfully priced its offering of EUR 750 million of notes, due 2017, bearing interest at an annual rate of 1 %.
The FINANCIAL — Sanofi announces that it has successfully priced its offering of EUR 750 million of notes, due 2017, bearing interest at an annual rate of 1 %. As Sanofi announced, the issue is made under the Company's Euro Medium Term Note Programme.
Sanofi intends to use the net proceeds of the offering for general corporate purposes, including the repayment of existing borrowings.
BNP Paribas, Credit Agricole CIB, HSBC and Mitsubishi UFJ Securities International Plc acted as joint bookrunning managers for the offering.
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