Rexel launches EUR 400 million 2031 convertible bond offering

Proshares Trust Pshs Ult Hlthcre

Proshares Trust Pshs Ult Hlthcre

RXL

0.00
  • Rexel launched offering of € 400 million senior unsecured bonds due 2031 convertible into new shares and/or exchangeable for existing shares (OCEANEs).
  • Proceeds earmarked for general corporate purposes.
  • Coupon expected at 1.25%-1.75% per year, paid semi-annually, with first payment due Nov. 13, 2026.
  • Initial conversion or exchange price set at 30%-35% premium to reference share price on Euronext Paris.
  • Settlement expected May 13, 2026; bonds redeemable at par on May 13, 2031 unless converted, exchanged, or redeemed earlier.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rexel SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605060153OMX_____CNEWS_EN_GNW1001180210_en) on May 06, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.