Brief: Schneider Electric Launches An Offering Of Convertible Bonds
04/06/2026 07:16
BRIEF-Schneider Electric Launches An Offering Of Convertible Bonds June 4 (Reuters) - Schneider Electric SE SCHN.PA:
LAUNCHES AN OFFERING OF BONDS CONVERTIBLE INTO NEW SHARES AND/OR EXCHANGEABLE FOR EXISTING SHARES (OCEANES) DUE 2034 FOR A NOMINAL AMOUNT OF €800 MILLION
NET PROCEEDS WILL BE USED TO FINANCE REPURCHASE OF OUTSTANDING BONDS CONVERTIBLE INTO NEW SHARES AND/OR EXCHANGEABLE FOR EXISTING SHARES
CONCURRENT REPURCHASE OF OUTSTANDING OCEANES DUE 2030
Source text: tinyurl.com/msats8xv
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