Forvia : placement of a bond issue
The automotive supplier intends to use the proceeds of these issues to finance the redemption of 2025 and 2026 bonds, offers which were launched on February 28 and remain subject to certain conditions, notably the completion of the bond issues.
These operations enable Forvia to manage its debt efficiently and extend the average maturity of its debt. Settlement-delivery of the new bonds and the buyback offers on existing bonds is scheduled for March 11.
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