Forvia : finalization of a bond issue
The proceeds of this issue were used to buy back 250 million euros of 7.250% sustainability bonds due 2026 as part of a tender offer, thereby reducing the automotive supplier's gross debt.
This offer further reduces the outstanding amount of existing bonds, which currently stands at 330.2 million euros. These operations enable Forvia to proactively manage its indebtedness and extend the average maturity of its debt.
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