Altrad raises €1.25bn in ‘landmark’ bond offer

Altrad RMD Kwikform temporary works on the Curzon No. 3 Viaduct, part of the HS2 Curzon Street railway station in Birmingham, UK. (Photo: Altrad RMD Kwikform)

Global scaffolding and industrial services group Altrad has raised €1.25 billion via its first public bond offering.

The offer was initially set for €1 billion, but was oversubscribed six times over, prompting Altrad to increase the bond offering to €1.25 million.

The funds will be used to refinance an…

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