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Wendel extends its bond debt maturities

Published : 05.09.2023

Wendel has successfully placed a new €300 million bond issue maturing in June 2030 and bearing interest at 4.5%. The issue was very well received by investors and was more than 2.5 times oversubscribed.

Wendel will use the net proceeds of the issue for its general corporate purposes, including the repurchase of the bond maturing in April 2026. On June 19, Wendel announced the success of the offer to repurchase its 2026 bond issue for a nominal amount of €90.8 million.

For more information, please read the press release available on our website.