Just Group plc (GB:JUST) has released an update.
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Just Group plc has successfully completed a tender offer, resulting in the repurchase and cancellation of approximately 93.09% of its £250 million Fixed Rate Subordinated Tier 2 Notes. The remaining notes, amounting to £17.28 million, are set to be redeemed on 21 October 2024, including any accrued interest. This move signals Just Group’s strategic financial management aimed at simplifying its debt structure.
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