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BEWI ASA Extends Tender Offer for Bond Repurchase

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BEWI ASA Extends Tender Offer for Bond Repurchase

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Bewi ASA ( (DE:5T0) ) has shared an announcement.

BEWI ASA has announced an extension of its tender offer for the repurchase of its EUR 250 million bonds due in 2026, allowing bondholders more time to tender their bonds at a purchase price of 101.40% of the nominal amount plus accrued interest. This move is part of BEWI’s strategic financial management, as it plans to issue new bonds and potentially redeem any untendered existing bonds, reflecting its proactive approach to managing its debt portfolio.

More about Bewi ASA

BEWI ASA is an international provider specializing in packaging, components, and insulation solutions. The company emphasizes sustainability across its operations, from raw material production to recycling, and is committed to advancing a circular economy. BEWI ASA is publicly traded on the Oslo Børs under the ticker BEWI.

Average Trading Volume: 744,502

Current Market Cap: NOK4.19B

Learn more about 5T0 stock on TipRanks’ Stock Analysis page.

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