Rexel Kicks Off EUR400 Million Senior Bonds Offering
Idag, 09:32
03:32 AM EDT, 05/06/2026 (MT Newswires) -- Rexel (RXL.PA) on Wednesday launched an offering of 400 million euros of its senior unsecured bonds due May 13, 2031, according to a same-day release.
The bonds, which are expected to pay a fixed coupon of between 1.25% and 1.75% per year, will be convertible into new shares and/or exchangeable for existing shares. Settlement of the bonds is expected on May 13.
The French electrical products and services company plans to use the proceeds for general corporate purposes.
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Rexel Kicks Off EUR400 Million Senior Bonds Offering
Idag, 09:32
03:32 AM EDT, 05/06/2026 (MT Newswires) -- Rexel (RXL.PA) on Wednesday launched an offering of 400 million euros of its senior unsecured bonds due May 13, 2031, according to a same-day release.
The bonds, which are expected to pay a fixed coupon of between 1.25% and 1.75% per year, will be convertible into new shares and/or exchangeable for existing shares. Settlement of the bonds is expected on May 13.
The French electrical products and services company plans to use the proceeds for general corporate purposes.
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