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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 11/12/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Rexel sets redemption date and price for 2¾% notes due 2026

Chicago, Nov. 12 – France-based Rexel set the redemption date for its euro-denominated 2¾% senior notes due June 2026 (ISIN: 1958300375), according to a notice.

The 2026 notes will be redeemed on Nov. 15.

The company will redeem the notes at par plus a €23.89 premium per €1,000 note and interest to the redemption date of €11.46.

Initially, the redemption was conditional but now the condition has been satisfied through a new issue sustainability-linked senior note.

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


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