Vinci to redeem €500 million fixed-to-floating rate bonds in full

By Tali Rackner

Norfolk, Va., Oct. 8 – Vinci SA said it intends to redeem all €500 million of its undated deeply subordinated fixed- to floating-rate bonds, according to notice.

The bonds will be redeemed at €50,000 per bond on Nov. 13.

Societe Generale Bank & Trust is the fiscal agent and paying agent.

Vinci is a Rueil-Malmaison, France-based construction company.

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