Shell Announces Early Participation Results And Increases Maximum Old Notes Accepted In Exchange Offers To $12B, Extends Early Participation Premium To All Holders Until October 3, 2024
Portfolio Pulse from Benzinga Newsdesk
Shell has announced the early participation results for its exchange offers and increased the maximum amount of old notes accepted to $12 billion. The company has also extended the early participation premium to all holders until October 3, 2024.
September 19, 2024 | 12:46 pm
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Shell has increased the maximum amount of old notes accepted in its exchange offers to $12 billion and extended the early participation premium deadline to October 3, 2024. This move could improve liquidity and financial flexibility.
By increasing the maximum amount of old notes accepted and extending the premium deadline, Shell is likely enhancing its liquidity and financial flexibility. This is a positive signal for investors, suggesting improved financial management and potential for better financial health.
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