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Bel Group launches capped tender offer for 1.5% bonds due 2024
Chicago, Jan. 17 – Bel Group launched a tender offer for its €500 million 1.5% bonds due April 2024 (ISIN: FR0013251329), according to a press release.
The company will buy up to €150 million nominal amount of the bonds.
Bel is conducting the tender offer as balance sheet management and to provide liquidity to bondholders.
The tender offer, started Jan. 17, will expire at 10 a.m. ET on Jan. 24.
Results will be announced on Jan. 25.
Based in Paris, the Bel Group produces cheese and healthy snacks.
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