Intek Group S.p.A. (IT:KME) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
KME Group S.p.A. successfully completed its public offering and exchange offer, issuing bonds totaling €54.7 million. The bonds, with a fixed annual interest rate of 5.75%, will be traded on the MOT starting December 4, 2024. This issuance consolidates KME’s financial standing and offers investors an attractive yield over the next five years.
For further insights into IT:KME stock, check out TipRanks’ Stock Analysis page.