Europe

Safran closes successful convertible bond offering

By Dino D'Amore Jun 15, 2021 1 mins read

Safran closes successful convertible bond offering

Safran has successfully placed a €730 million convertible bond offering. The issued bonds are convertible into new shares and/or exchangeable for existing shares (OCEANEs) due 1 April 2028. Net proceeds will be used to refinance part or all of the outstanding OCEANEs due 21 June 2023, with the rem...

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Safran closes successful convertible bond offering

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