on COFIDUR (EPA:ALCOF)
COFIDUR announces the redemption of its convertible bonds
COFIDUR recently announced the full repayment of its convertible bonds. This approach is part of an optimized financial management strategy. COFIDUR has fully repaid this type of debt, thus ensuring better long-term financial stability.
The amount repaid concerns in particular the bonds issued in 2018, with an initial interest rate of 4.5%. The repayment was financed from the company's internal resources, demonstrating its solid economic health. Thanks to this operation, COFIDUR strengthens its capacity to invest in its core activities and support its future growth.
This announcement is welcomed by financial analysts who see it as a positive indicator of COFIDUR's financial management. The company continues to focus on innovation and improvement of its services, supported by a strengthened capital structure.
R. E.
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