UCB wants to attract savings with a coupon of 5.2 percent


by Niels Saelens
published on Tuesday November 7, 2023 to 17:58
4 min read

The pharmaceutical group UCB has set its sights on Belgian savers. The company wants to raise at least 100 million euros with a six-year bond. Anyone who entrusts their money to UCB receives an annual coupon of 5.2 percent gross.

Why is this important?

A lot of ink has been spilled over savings accounts in recent months. According to the federal government, these products bring in far too little money. Savers looking for more lucrative places may find what they’re looking for in bonds. Such investment products are accompanied by a fixed annual coupon. If everything goes well, you will get the invested capital back at the end of the day.

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

  • The term is six years.
  • The pharmaceutical group pays out a gross 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 can be terminated early if UCB raises the required capital more quickly

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The article is in Dutch
Tags: UCB attract savings coupon percent


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