tiprankstipranks
Trending News
More News >

Mekonomen AB Announces Tender Offer and New Note Issuance

Story Highlights
Mekonomen AB Announces Tender Offer and New Note Issuance

Confident Investing Starts Here:

Mekonomen AB ( (SE:MEKO) ) has shared an announcement.

Mekonomen AB has announced a tender offer for its outstanding SEK notes, inviting noteholders to tender their notes for purchase by the company. This move is part of Mekonomen’s strategy to actively manage its debt maturities and liability composition. The company plans to issue new SEK denominated senior unsecured notes, with Danske Bank, Nordea, and SEB acting as dealer managers and arrangers. The tender offer is conditional on the successful issuance of these new notes, which will finance the purchase of the tendered notes.

The most recent analyst rating on (SE:MEKO) stock is a Buy with a SEK140.00 price target. To see the full list of analyst forecasts on Mekonomen AB stock, see the SE:MEKO Stock Forecast page.

More about Mekonomen AB

YTD Price Performance: -12.95%

Average Trading Volume: 55,679

Current Market Cap: SEK6.45B

For detailed information about MEKO stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App