Brief: Solvay Finance Announces Tender Offer To Purchase Bonds For Cash

Solvac SA

25/08/2020 09:08

Aug 25 (Reuters) - SOLVAY SA  SOLB.BR :
    * SOLVAY FINANCE ANNOUNCES TENDER OFFER TO PURCHASE BONDS
FOR CASH
    * THE OFFER IS MADE TO ELIGIBLE BONDHOLDERS UNTIL 1ST OF
SEPTEMBER
2020 AT 17:00 CET
    * SOLVAY FINANCE LAUNCHED INVITATION TO HOLDERS OF ITS
OUTSTANDING
EUR 500 MILLION UNDATED DEEPLY SUBORDINATED FIXED TO RESET RATE
PERP-NC5.5 BONDS WHICH ARE IRREVOCABLY GUARANTEED ON
SUBORDINATED BASIS BY SOLVAY SA
    * TENDER OFFER IS SUBJECT TO SUCCESSFUL COMPLETION OF ISSUE
OF NEW
SERIES OF EURO DENOMINATED UNDATED DEEPLY SUBORDINATED BONDS
EXPECTED TO BE PRICED TODAY

Source text for Eikon:  ID:nGNE8ssMXf 
Further company coverage:  SOLB.BR 

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