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Euronext announces tender offer on existing EUR 2026 Bonds and intention to launch a new bonds issuance
Globenewswire· 2025-11-17 07:45
Core Points - Euronext N.V. is inviting holders of its outstanding €600,000,000 0.125% Bonds due 2026 to tender their bonds for cash purchase, with the intention to launch a new bond issuance [1][4][10] Offer Summary - The offer is for the purchase of €600,000,000 0.125% Bonds due 2026, with a purchase price set at 99.05% of the principal amount [3][6] - The offer is open for all outstanding bonds, with no scaling of tenders [8] Rationale for the Offer - The purpose of the offer is to manage the maturity profile of Euronext's debt efficiently and provide bondholders the opportunity to sell their current holdings [4] New Bonds Issuance - Euronext intends to issue a series of new euro-denominated fixed-rate bonds, contingent on market conditions and the successful completion of the new bond issue [10][18] Purchase and Payment Details - The purchase price for the bonds will be 99.05% of the principal amount, with accrued interest payments also to be made [6][7] Tender Instructions - Holders must submit valid tender instructions by 5:00 p.m. CET on 24 November 2025 to participate in the offer [22][26] Indicative Timetable - The offer commenced on 17 November 2025, with the expiration deadline set for 24 November 2025, and the expected settlement date on 27 November 2025 [27][28]
Republic of Colombia Announces Final Results of Tender Offer
Markets.Businessinsider.Com· 2025-09-11 07:00
Core Points - The Republic of Colombia has initiated a tender offer to purchase its outstanding 3.875% Global Bonds due 2026, with a total principal amount of €715,107,000 accepted for the tender offer [1][2] - The maximum purchase price for the Old Bonds in the tender offer is €719,397,642, and no proration of tenders has occurred [2][3] - The settlement date for the tender offer is scheduled for September 16, 2025, subject to change [2][3] Summary by Sections Tender Offer Details - Colombia has instructed Citigroup Global Markets Inc. to manage the tender offer, which includes accepting valid tenders of the Old Bonds [1] - The aggregate principal amount of the Old Bonds accepted includes €488,557,000 from reinvestment tenders and €226,550,000 from simple tenders [3] Settlement and Conditions - The settlement of the tender offer is set for September 16, 2025, and failure to deliver Old Bonds on time may lead to cancellation of the tender or other consequences [2][3] - Colombia reserves the right to not accept any or all tender orders and may terminate the tender offer for any reason [4] Contact Information - The information agent for the tender offer is D.F. King & Co., Inc., with contact details provided for inquiries [27]