- Merchanting and DIY Group Grafton confirmed Tuesday it had agreed to raise €160m through a debt issuance in the US with 10-and twelve-year maturities at an average annual coupon of 2.5%.

The unsecured senior notes would be issued in September 2018 and the proceeds received would be used to refinance existing debt and for general corporate purposes.

At 8:08am: [LON:GFTU] Grafton Group PLC share price was 0p at 757p

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