Remy Cointreau 0.125% Oceanes holders have upcoming put option

By Wendy Van Sickle

Columbus, Ohio, July 26 – Remy Cointreau SA said holders who wish to exercise the early redemption option of its €275 million 0.125% convertibles in the Oceanes structure due Sept. 7, 2026 must submit a request to the institution with which their bonds are registered between July 26 and Aug. 31, according to a news release.

The redemption price is €110.70, plus accrued interest of €0.138375. Redemption would take place on Sept. 7 and be exclusively in cash.

Once made, redemption requests are irrevocable.

Remy Cointreau is a Cognac, France-based alcohol manufacturer.

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