Neopost looks to buy back 2021s

Neopost Parcel Locker from corp media gallery 8Jan20 230x150
By Mike Turner
08 Jan 2020

Neopost, the French postal equipment company, has launched a tender offer for its €350m 2.5% due June 2021 bonds.

The issuer is looking to buy back any and all of the notes, of which €327m are outstanding.

Neopost is offering the buy back the notes at 102.961. The tender deadline is on January 15.

Crédit Agricole, HSBC, Natixis and Société Générale are dealer managers on ...

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