BE Semiconductor (GB:0XVE) has released an update.
BE Semiconductor Industries N.V. (Besi) has announced the launch of a €350 million Senior Notes offering due in 2031, aimed at raising capital for general corporate purposes, including potential acquisitions. These notes will be on par with existing and future non-subordinated debt but will be subordinate to secured debts and obligations of Besi’s subsidiaries. The offering is a private placement targeting qualified institutional buyers in the U.S. and non-U.S. persons in offshore transactions, with no public offering planned.
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