Just Group plc (GB:JUST) has released an update.
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Just Group plc has successfully completed a tender offer, resulting in the repurchase and cancellation of approximately 93.09% of its £250 million Fixed Rate Subordinated Tier 2 Notes. The remaining notes, amounting to £17.28 million, are set to be redeemed on 21 October 2024, including any accrued interest. This move signals Just Group’s strategic financial management aimed at simplifying its debt structure.
For further insights into GB:JUST stock, check out TipRanks’ Stock Analysis page.
