on GROUPE ADP (EPA:ADP)
Aéroports de Paris SA Concludes Tender Offer
Aéroports de Paris SA has announced the successful results of its recent tender offer for its 2.125% bonds issued in April 2020. The offer, launched on March 13, 2025, was tied to repurchasing portions of the 1 billion euros in outstanding bonds, maturing in October 2026. With bonds traded on Euronext Paris, the company accepted tenders totaling 250 million euros by the March 19 deadline. This comes after ADP's dual tranche bond issuance of 1 billion euros settled today, with maturities of 8 and 11 years. Of the initial bonds, 750 million euros remain outstanding post-repurchase, with full settlement expected on March 21, 2025.
R. H.
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