Ontex Group NV announces offering of €400 million senior notes
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Ontex Group NV, a personal care products manufacturer listed on Euronext Brussels, announced a €400 million senior notes offering due in 2030. The company intends to use the proceeds to partially repurchase its outstanding senior notes due in 2026 and pay related expenses. The notes will be offered privately to investors outside the United States under Regulation S.
March 24, 2025 | 8:15 am
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NEUTRAL IMPACT
The €400 million senior notes offering represents a strategic move to manage Ontex's debt profile by refinancing existing notes due in 2026.
The debt refinancing suggests Ontex is managing its financial obligations strategically, potentially improving its balance sheet and reducing near-term refinancing risks.
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IMPORTANCE 75
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