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KME Group Announces Progress in Bond Exchange Offer

KME Group Announces Progress in Bond Exchange Offer

Intek Group S.p.A. (IT:KME) has released an update.

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KME Group S.p.A. has announced that 20.55% of its 2020-2025 bonds have been submitted to its partial voluntary public exchange offer, with a nominal value of over 9.3 million euros. The offer, which began on November 4, 2024, is set to continue until November 26, 2024, allowing investors to exchange their bonds in a regulated market environment.

For further insights into IT:KME stock, check out TipRanks’ Stock Analysis page.

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