(CercleFinance.com) – Wendel announces the launch of a seven-year bond issue for an amount of 300 million euros and, subject to the successful completion of this issue, a buyback offer relating to the bond issue maturing in April 2026.
The 2026 bond (bearing interest at a rate of 1.375% and whose outstanding nominal amount is 300 million euros) has been admitted, and the new 2030 bond will be admitted to trading on the regulated market Euronext Paris.
These two operations will allow Wendel to extend the maturity of its debt. The results of the bond issue will be announced at the end of the day, and those of the buyback offer will be announced on June 19.
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