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OVH Groupe SAS ( (FR:OVH) ) just unveiled an update.
OVH Groupe S.A. announced the issuance of 500 million euros in senior unsecured bonds due in 2031 with a fixed annual rate of 4.75%, aimed at refinancing existing debt and supporting general business needs. This move is expected to strengthen the company’s financial stability and bolster its position in the competitive cloud services market.
More about OVH Groupe SAS
OVH Groupe S.A. is a leading European provider specializing in cloud solutions, serving a global market with a focus on delivering innovative cloud services.
YTD Price Performance: -6.50%
Average Trading Volume: 786
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.53B
For a thorough assessment of OVH stock, go to TipRanks’ Stock Analysis page.