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Successful Bond Issue for Teleperformance

By   /  November 21, 2020  /  No Comments

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PARIS–()–Regulatory News:

Teleperformance (Paris:TEP), a leading global group in digitally integrated business services today announced it has successfully completed a €500 million bond issue, maturing in 2027, with an annual coupon of 0.25%.

This is the first issue carried out by Teleperformance under an EMTN (Euro Medium Term Note) program approved by the French financial markets authority (Autorité des marchés financiers). The net proceeds of the issue will be used to meet the company’s general financing needs and to refinance the Health Advocate acquisition, which is expected to be completed in first-quarter 2021. The transaction will also allow Teleperformance, now a regular bond issuer, to reduce…

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