Aryzta to repurchase €50 million euro hybrid bonds at a discount

By Wendy Van Sickle

Columbus, Ohio, July 20 – Aryzta AG agreed to repurchase €50 million of its euro hybrid bonds at a discount in a transaction that will settle Friday, according to a news release.

Following the repurchase €200 million principal amount will remain outstanding.

The repurchase is the first step in a plan to repurchase the notes in phases, the company said.

The bakery company is based in Schlieren, Switzerland.

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