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Ontex Group NV Launches €400 Million Bond Offering

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Ontex Group NV Launches €400 Million Bond Offering

Ontex Group N.V. ( (GB:0QVQ) ) has provided an update.

Ontex Group NV has announced the launch of a €400 million offering of euro-denominated fixed-rate senior bonds maturing in 2030. The proceeds from this issuance will be used to partially repurchase existing senior bonds maturing in 2026 and cover related expenses, which could impact the company’s financial strategy and market positioning.

More about Ontex Group N.V.

Ontex Group NV is a leading international developer and producer of personal care products, catering to both retailers and healthcare providers.

YTD Price Performance: 5.54%

Average Trading Volume: 34,058

Technical Sentiment Signal: Sell

Current Market Cap: €707.1M

For a thorough assessment of 0QVQ stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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