Audax Renovables SA (ES:ADX) has released an update.
Audax Renovables SA has launched a bond repurchase program targeting up to €50 million of its senior unsecured notes, aiming to optimize its financial liabilities and provide liquidity to bondholders. The program, managed by PKF Attest Capital Markets, is set to run for a maximum of 12 months, allowing the company to manage its debt proactively. This strategic move reflects Audax’s commitment to maintaining financial flexibility and supporting its market position.
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