Repsol Subsidiary Announces €750 Million Bond Issuance

Repsol ( (ES:REP) ) has shared an announcement.

Repsol Europe Finance S.à.r.l, a subsidiary of Repsol, S.A., has announced a subordinated bond issuance valued at 750 million euros under its €13 billion Euro Medium Term Note Programme. This issuance, with an initial interest rate of 4.5% per annum, is aimed at institutional investors and is expected to be traded on the Luxembourg Stock Exchange by June 2025. The move strengthens Repsol’s financial positioning and offers flexibility in interest payments and redemption, potentially impacting its market strategy and investor relations.

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 primarily involved in the oil and gas industry, focusing on exploration, production, refining, and marketing of petroleum products. It operates in various segments, including upstream, downstream, and chemicals, and is committed to advancing sustainable energy solutions.

Average Trading Volume: 5,391,385

Technical Sentiment Signal: Strong Buy

Current Market Cap: €14.2B

See more data about REP stock on TipRanks’ Stock Analysis page.