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KME Group SpA Initiates Bond Exchange Offer

KME Group SpA Initiates Bond Exchange Offer

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

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KME Group SpA has announced a partial voluntary public exchange offer for its 2020-2025 bonds, with provisional data showing 25,480 bonds brought in for adhesion, valued at €550,368, which represents 1.21% of the targeted bonds. The offer period runs until November 19, 2024, with payments due by November 26, 2024.

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

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