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Published on 11/2/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Rexel plans full redemption of 2¾% senior notes due 2026

Chicago, Nov. 2 – France-based Rexel is planning a full redemption of its 2¾% senior notes due June 2026, according to a market source.

The company will use the proceeds from a new offering of sustainability-linked senior notes to fund the redemption.

Rexel, based in Paris, specializes in the distribution of electrical, heating, lighting and plumbing equipment.


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