WPP sells $300 million in bonds

Published on .

WPP Group, London, has completed its debut $300 million bond offering. The company claimed that due to investor demand, the offering was increased by $50 million from its original $250 million. Proceeds will be used for repayment of existing facilities and general corporate purposes, WPP said.

Copyright July 1998, Crain Communications Inc.

Most Popular
In this article: