Vodafone (GB:VOD) has released an update.
Vodafone Group Plc has initiated a cash tender offer to repurchase three series of its outstanding euro-denominated notes ahead of maturity, with the aim to proactively manage its debt portfolio. The offers, which are contingent on the successful issuance of new U.S. dollar-denominated notes, are open to all note holders and will conclude on the 2nd of July, 2024. Accepted notes will be purchased at a price determined by the Dealer Managers and will include accrued interest payment.
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