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UCB wants to attract savings with a 5.2 percent coupon

UCB wants to attract savings with a 5.2 percent coupon

Pharmaceutical group UCB has set its sights on Belgian savers. The company wants to raise at least 100 million euros in six-year bonds. Anyone who entrusts their money to UCB receives an annual coupon totaling 5.2 percent.

Why is this important?

A lot of ink has been spilled on savings accounts in recent months. According to the federal government, these products bring in very little money. Savers looking for more profitable places may find what they are looking for in bonds. These investment products are accompanied by a fixed annual coupon. If all goes well, you will recover your invested capital at the end of the day.

In the news: UCB wants to raise between 100 and 300 million euros through a bond issue.

  • Duration is six years.
  • The pharmaceutical group pays a total coupon of 5.2 percent.
  • If you want to entrust part of your capital to UCB, you can contact the four major Belgian banks: Belfius, BNP Paribas Fortis, ING and KBC.
  • You can register from November 9 to 13. The subscription period may be terminated early if UCB raises the required capital more quickly