Press Release


TPG launches EUR 1 billion inaugural Eurobond

Publish Date : 20 November 2001 at 10:46 CET - Today, TPG N.V. launched its inaugural Eurobond in the amount of EUR 1 billion with a maturity of 7 years.

The Eurobond has a coupon of 5.125 percent, a spread of 62 basis points over mid-swaps. The transaction was well over-subscribed.

The purpose of this transaction is to re-finance existing short-term facilities. The launch follows an extensive European road show, which attracted considerable positive interest from investors.

The bond will be listed on the Euronext Amsterdam Exchange.

The book runners were ABN AMRO, ING Barings BBL and Schroder Salomon Smith Barney, assisted by a group of co-managers selected from TPG's relationship banking group.

Page publication date: 20 November 2001 at 10:46 CET