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Unilever prices 2 series of fixed-rate European bonds

Unilever PLC, the London-listed entity of The Unilever Group, said June 4 that it priced its fixed-rate notes on the European markets.

The bonds comprise €650 million of 1.500% fixed-rate notes due June 2039 and £500 million of 1.500% fixed-rate notes due July 2026.

The notes will be issued by Unilever PLC and guaranteed by the consumer goods giant's Netherlands-listed entity, Unilever NV and its U.S. arm, Unilever United States Inc.

The bonds will be issued June 11. Unilever said it plans to use the proceeds of the offering for general corporate purposes.