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Otto (GmbH & Co KG) Werner-Otto-Straße 1-7 22172 Hamburg, Germany http://www.ottogroup.com
Contact Mr Robert Hägelen +49 40 64613129
Company logo of Otto (GmbH & Co KG)
Otto (GmbH & Co KG)

Successful placement: Otto Group issues 300 million-euro bond

(PresseBox) (Hamburg, )
Otto Group, the globally active retail and services group, has successfully placed a bond issue totalling 300 million euros with a coupon of 1.875 per cent. The bond has a term of seven years.

By subscribing to this issue, capital market investors are confirming their trust in the future of the Otto Group. Following the positive financial result of the past 2016/17 financial year, in May the Otto Group presented its strategy and growth targets for the years to come.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.