Brief: Vilmorin & Cie Launches Tender Offer To Repurchase EUR 450 Mln Bond Issue

Vilmorin & Cie SA

06/07/2020 07:51

July 6 (Reuters) - VILMORIN & CIE SA  VILM.PA :
    * PURSUES THE OPTIMIZATION OF ITS FINANCIAL RESOURCES BY
LAUNCHING
A TENDER OFFER TO REPURCHASE ITS BOND
    * LAUNCH OF A CASH TENDER OFFER TO REPURCHASE ITS BOND ISSUE
OF A
TOTAL NOMINAL AMOUNT OF 450 MILLION EUROS, MATURING IN MAY 2021
    * TENDER OFFER IS SCHEDULED TO CLOSE ON JULY 10, 2020
    * SETTLEMENT AND DELIVERY PLANNED FOR JULY 15, 2020
    * MAXIMUM AMOUNT OF OFFER WILL BE ANNOUNCED TO BONDHOLDERS
ON JULY
13, 2020 WITH SETTLEMENT AND DELIVERY PLANNED FOR JULY 15, 2020
    * THROUGH THIS OPERATION, VILMORIN & CIE'S OBJECTIVE IS TO
ANTICIPATE ITS FINANCIAL MATURITIES AND TO PURSUE ITS STRATEGY
OF OPTIMIZING ITS FINANCIAL CAPACITIES

Source text for Eikon:  ID:nGNE7MZbks 
Further company coverage:  VILM.PA 

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