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Repsol Invites Sale of €750 Million Subordinated Securities

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Repsol Invites Sale of €750 Million Subordinated Securities

Confident Investing Starts Here:

The latest announcement is out from Repsol ( (ES:REP) ).

Repsol has launched an invitation for holders of its €750 million deeply subordinated securities to sell them to Repsol International Finance B.V. This move, registered on the Luxembourg Stock Exchange, is part of Repsol’s financial strategy to manage its debt portfolio effectively.

The most recent analyst rating on (ES:REP) stock is a Buy with a EUR15.80 price target. To see the full list of analyst forecasts on Repsol stock, see the ES:REP Stock Forecast page.

More about Repsol

Repsol is a global energy company engaged in the exploration, production, refining, and marketing of oil and natural gas. The company is focused on providing energy solutions and operates in various international markets.

Average Trading Volume: 5,391,385

Technical Sentiment Signal: Strong Buy

Current Market Cap: €14.2B

Learn more about REP stock on TipRanks’ Stock Analysis page.

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