Brussels, August 5, 2022 – before market opening — Solvay has decided to exercise as soon as possible its residual maturity call option on the 2022 1.625% Senior Eurobond, ISIN BE6282459609 (€377.5 million outstanding out of the initial €750 million). This exercise will be implemented in accordance with the terms and conditions of the relevant prospectus (see notice).
Karim Hajjar, CFO of Solvay, commented: “This early redemption, which follows new record results, gives us the opportunity to further improve our balance sheet. Since 2019, we have structurally improved cash generation and significantly deleveraged Solvay’s balance sheet, which strengthens us to face turbulent times with confidence.”
20220805_Debt redemption_EN
