tiprankstipranks
Company Announcements

Edenred Strengthens Financial Structure with €750 Million Bond Issue

Story Highlights
Edenred Strengthens Financial Structure with €750 Million Bond Issue

Discover the Best Stocks and Maximize Your Portfolio:

The latest update is out from EDENRED ( (FR:EDEN) ).

Edenred has issued a 750 million euro bond with a 3.25% coupon, maturing in August 2030, which was met with strong demand, indicating market confidence in the company’s credit quality and growth prospects. This bond issue strengthens Edenred’s financial structure, extends its debt maturity, and supports its Beyond22-25 plan, allowing continued investments in technology and product development.

More about EDENRED

Edenred is a digital platform for services and payments, operating in 45 countries and connecting over 60 million users to 2 million partner merchants via 1 million client companies. It provides payment solutions for food, employee engagement, mobility, and professional payments, improving user well-being and promoting sustainable practices. Edenred employs 12,000 people and is listed on major indices, including CAC 40 and FTSE4Good.

YTD Price Performance: 1.48%

Average Trading Volume: 203,029

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €7.77B

For detailed information about EDEN stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1