What are the divers behind the which mix of debt instruments to issue?

Hi all,

a naive question - what would be the drivers behind the decision which mix of debt instruments to issue? Not the debt/equity question, but rather how a company/IB decides that out of 560 mil debt, 530 would be a fixed coupon debt and another 30 mil a variable rate note?

It is a general question, but I refer here to this transaction: https://www.bloomberg.com/news/articles/2019-07-2…

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