Just Group plc (GB:JUST) has released an update.
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Just Group plc successfully concludes its tender offers, purchasing all tendered 2031 Notes, but opting not to buy back 2026 and 2029 Notes. The company will fully acquire £232.7 million worth of 2031 Notes at a purchase price of 102.604%, and post-settlement, it plans to redeem the remaining untendered 2031 Notes. The completion of these financial maneuvers is scheduled for September 19, 2024, potentially consolidating the company’s debt structure.
For further insights into GB:JUST stock, check out TipRanks’ Stock Analysis page.
