Eurofins Scientific announces its intention to issue a new €400m hybrid bond, while launching a tender offer for its €400m 3.250% hybrid bond with a first redemption date in November 2025.
This offer is subject to the successful issue of the new hybrid bond. Any hybrid bond 2025 validly tendered will be accepted for redemption. The results of the offer are expected to be announced on 3 April.
The bio-analytical services group explains that these transactions are intended to proactively manage the refinancing of its outstanding hybrid instruments and to increase the average life of its financing instruments.
Copyright (c) 2025 CercleFinance.com. All rights reserved.