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Unilever prices €2B bonds

Consumer goods conglomerate Unilever said Feb. 5 that it priced €2 billion in bonds on the European markets.

The bonds are €500 million in 0.5% fixed rate notes due August 2023, €700 million in 1.125% fixed rate notes due February 2027 and €800 million in 1.625% fixed rate notes due February 2033. The scheduled settlement date of the bonds is Feb. 12.

These bonds will be issued by Unilever NV unit and guaranteed by subsidiaries Unilever Plc and Unilever United States Inc.

The company plans to use the proceeds from the bonds issue for general corporate purposes.