Ipsos raises €400m through bond issue

The proceeds of the bond, which is maturing in January 2030 and carrying a coupon of 3.75%, will be used for general corporate purposes.

Among the uses of the proceeds is the refinancing of Ipsos’ €300m existing bond, which is maturing in September 2025.

Ipsos said that the company is rated Baa3 with stable outlook by Moody’s and BBB with stable outlook by Fitch.

A statement from Ipsos said that there was a “substantial level of oversubscription” with an order book more than nine-times the size of the bond, allowing the company to “price the bond with a final spread significantly below initial price indication”.