Brief: Carmila Launches Tender Offer On Bonds Maturing In September 2023

Carmila SA

22/11/2022 09:24

Nov 22 (Reuters) - Carmila SA  CARM.PA :
    * LAUNCHES A TENDER OFFER ON ITS BONDS MATURING IN SEPTEMBER
2023
    * TENDER OFFER WILL RUN FROM 22 NOVEMBER 2022 TO 4.00PM
PARIS TIME
ON 28 NOVEMBER 2022
    * URPOSE OF TENDER OFFER IS TO OPTIMISE CARMILA'S FUNDING
STRUCTURE AND CASH POSITION
    * A TENDER OFFER, FOR UP TO EUR 200 MILLION (WHICH AMOUNT
MAY BE
REVISED AT CARMILA'S DISCRETION), ON ITS BONDS MATURING ON 18
SEPTEMBER 2023, OUTSTANDING AMOUNT OF WHICH IS EUR 523 MILLION
    * PURPOSE OF TENDER OFFER IS TO OPTIMISE CARMILA'S FUNDING
STRUCTURE AND CASH POSITION FOLLOWING DRAWDOWN OF EUR 550
MILLION TERM LOAN SIGNED ON 21 JULY

Source text for Eikon:  ID:nBw7rpdR5a 
Further company coverage:  CARM.PA 
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