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TotalEnergies: bond buyback offer completed

(CercleFinance.com) - TotalEnergies says it has received and accepted for purchase valid bids for a total nominal amount of nearly 1.
42 billion euros, as part of its offer for 2.5 billion undated deeply subordinated notes.

As a reminder, these 10-year reset fixed-rate bonds, with a first redemption date of February 26, 2025, were issued by the energy group on February 26, 2015 and admitted to trading on Euronext Paris.

The settlement date for the bonds accepted for purchase is expected to be November 22. Following settlement and cancellation of these securities, a total nominal amount of 1.08 billion euros of the bonds will remain outstanding.

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