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MHP SE GDR RegS ( (MHPSY) ) has provided an announcement.
MHP Lux S.A., part of the MHP SE group, has launched a cash tender offer for any and all of its outstanding US$550 million 6.95% guaranteed notes due April 3, 2026, alongside plans to issue new dollar-denominated senior fixed-rate notes maturing in 2029. The move is aimed at proactively managing and refinancing the group’s debt ahead of maturity, reducing operational and financial risks while offering existing bondholders a seamless rollover into longer-dated paper, with the tender and subsequent redemption of remaining notes contingent on successful placement of the new issue and supported by at least US$100 million in cash on hand.
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