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An announcement from Eltel AB ( (SE:ELTEL) ) is now available.
Eltel AB has completed the settlement of its tender offer and canceled repurchased hybrid bonds, amounting to approximately EUR 24 million. This move is part of the company’s strategy to issue new EUR-denominated senior secured floating rate bonds, enhancing its financial structure and potentially impacting its market position.
More about Eltel AB
Eltel is a leading service provider for critical infrastructure in the Nordics, with operations in Germany and Lithuania. The company facilitates digitalization and electrification by offering services and turnkey solutions for communication and power networks, as well as renewable energy. Headquartered in Sweden, Eltel is listed on Nasdaq Stockholm and reported net sales of EUR 828.7 million in 2024.
Average Trading Volume: 50,226
Current Market Cap: SEK1.44B
For a thorough assessment of ELTEL stock, go to TipRanks’ Stock Analysis page.