El Corte Inglés, S.A., a leading retail group operating primarily in Spain and Portugal, is pleased to announce the pricing of its €600 million senior notes due 2024 at a coupon of 3.000% per annum (the “Notes”). The net proceeds of the offering of the Notes will be used, among other purposes, to repay existing indebtedness as well as the expenses in connection with the offering.

Viajes el Corte Ingles, S.A. and Supercor, S.A. (the “Guarantors”) will fully and unconditionally guarantee the Notes on a senior basis.

Application has been made has been made to the Irish Stock Exchange plc (trading as Euronext Dublin) for the Notes to be admitted to the Official List and to trading on the Global Exchange Market which is the exchange regulated market of Euronext Dublin.

Source: ISE (see the entire post)