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2023-05-09 18:32:13
The Brussels investment holding company GBL has raised 500 million euros in bonds from major investors, it said on Tuesday.
These are bonds with a duration of 10 years with a rate of 4%.
The holding company will use the money raised “for general corporate purposes”, it said in a statement.
GBL (Groupe Bruxelles Lambert) is the family holding company of Albert Frère who died in 2018 and who was the richest Belgian for a long time. GBL is part of the Bel20, the flagship index of the Brussels stock exchange.
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