Ahold Delhaize: to buy back 350 million dollars in bonds
(CercleFinance.com) - Ahold Delhaize will buy back up to 350 million dollars in senior debt, the Dutch retailer said in a statement on Monday.
The supermarket group today announced starting an offer to purchase, in cash, its 5.7% senior notes due in 2040 that were originally issued by Delhaize Group.
This aims to proactively manage Ahold Delhaize's debt and reduce its ongoing interest expense, it said.
The tender will expire on 17 December - unless extended or terminated earlier.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
The supermarket group today announced starting an offer to purchase, in cash, its 5.7% senior notes due in 2040 that were originally issued by Delhaize Group.
This aims to proactively manage Ahold Delhaize's debt and reduce its ongoing interest expense, it said.
The tender will expire on 17 December - unless extended or terminated earlier.
Copyright (c) 2018 CercleFinance.com. All rights reserved.