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News  ›  GlobeNewswire Inc.

The Magnum Ice Cream Company successfully completes €3 billion debut bond issuance

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Na
The Magnum Ice Cream Company successfully completes €3 billion debut bond issuance

The Magnum Ice Cream Company successfully issued €3 billion in bonds across four tranches, with the issuance oversubscribed by seven times. The proceeds will support the company's demerger from Unilever and general corporate purposes.

Insights
AMHpH   positive

Company announced consistent dividend payments, highlighted recent achievements like being named a Great Place to Work and Top U.S. Homebuilder, and reported owning over 61,000 single-family properties across multiple U.S. regions


UL   neutral

Mentioned in context of the company's demerger, with no negative or overtly positive implications