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Spain's Almirall to issue 325 mln eur in senior notes
March 17, 2014 / 7:30 AM / 4 years ago

Spain's Almirall to issue 325 mln eur in senior notes

MADRID, March 17 (Reuters) - Spanish pharmaceutical company Almirall said on Monday it would issue 325 million euros ($453 million) of senior bonds, maturing in seven years.

The group said in a statement to Spain’s stock market regulator that it would offer the notes to institutional investors only. Almirall said it was aiming to diversify its funding sources with the issue. ($1 = 0.7181 euros) (Reporting by Sarah White; Editing by David Holmes)

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