E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/20/2016 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Assystem offers to buy Ornanes at top price paid in recent repurchase

New York, April 20 – Assystem SA said it is offering to buy back its Ornane 2017 at a price of €26.15, equivalent to the highest price paid in a recent repurchase.

The price includes accrued interest.

The buyback offer will be from April 25 through April 29, according to a news release.

Currently there are 81,008 of the Ornanes still outstanding.

Assystem said it bought back 27% of the original amount in block repurchases.

The buyback offer is being carried out to ensure equal treatment of all holders of the convertibles.

Assystem is an engineering and innovation consultancy based in Paris.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.