Europe's largest department store, El Corte Inglés, lists on the GEM
El Corte Inglés lists on the Global Exchange Market (GEM) of Euronext Dublin with issuance of €600m notes. The notes have a maturity date of March 2024. Hipercor S.A., a subsidiary of El Corte Inglés, listed a €500m bond on GEM in 2015.
About El Corte Inglés
El Corte Inglés, which was established in 1935, is the world's fourth largest department store and Europe's largest department store by net turnover.
As of May 2018, El Corte Inglés had a turnover of approximately €16bn and over 90,000 employees. It operates over 90 department stores located in Spain and Portugal.
Spanish issuers choose Euronext Dublin to list debt
Euronext has over 37,000 debt securities listed representing 90 countries around the world and is ranked the #1 stock exchange for bond listings worldwide. Euronext Dublin, which is the centre of excellence for listing debt & funds and ETFs within Euronext Group offers two markets for listing debt, the Main Securities Market and the GEM. Other high profile Spanish companies choosing Euronext Dublin to list their bonds and debt securities include BBVA, Iberia, Adif, Meliá Hoteles, Prosegur Cash and ACS.