Brief: Audax Renovables To Carry Out Notes Buy-Back Programme

Audax Renovables SA

13/11/2024 07:19

Nov 13 (Reuters) - Audax Renovables SA  ADXR.MC :
    * TO CARRY OUT NOTES BUY-BACK PROGRAMME
    * OUTSTANDING ISSUE IS IDENTIFIED AS ISSUE NUMBER 2 OF
SENIOR
UNSECURED NOTES OF AUDAX 2020
    * PURPOSE IS, AMONG OTHERS, OPTIMIZING LEVEL OF TREASURY
AVAILABLE, AND VOLUME OF FINANCIAL INDEBTEDNESS
    * MAXIMUM OF 50 MILLION EUROS ASSIGNED TO NOTES BUY-BACK
PROGRAMME
    * DURATION OF BUY-BACK PROGRAMME WILL HAVE A MAXIMUM
DURATION OF
12 MONTHS FROM DAY BOARD APPROVED BUY-BACK PROGRAMME
    * HAS NOT DETERMINED MINIMUM AMOUNT UNDER BUY-BACK PROGRAMME

Source text:  ID:nCNM8BQnxZ 
Further company coverage:  ADXR.MC 

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