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Jet2 PLC Announces Final Repurchase Price for Convertible Bonds

Story Highlights
  • Jet2 PLC operates in the travel and leisure industry, offering holiday packages and flights.
  • Jet2 PLC announced the repurchase of £301.5 million in bonds to manage debt obligations.
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Jet2 PLC Announces Final Repurchase Price for Convertible Bonds

Jet2 PLC ( (GB:JET2) ) has provided an announcement.

Jet2 PLC has announced the final repurchase price for its 1.625% Guaranteed Senior Unsecured Convertible Bonds due 2026, with a principal amount of £301.5 million accepted for purchase. This move is part of a strategic financial maneuver to manage its debt obligations, potentially improving its financial stability and market position.

More about Jet2 PLC

Jet2 PLC operates in the travel and leisure industry, primarily offering holiday packages and flight services. The company is known for its focus on providing affordable travel options to various destinations across Europe.

YTD Price Performance: -8.92%

Average Trading Volume: 897

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.87B

Find detailed analytics on JET2 stock on TipRanks’ Stock Analysis page.

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