TotalEnergies SE (FR:TTE) has released an update.
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TotalEnergies SE has announced a tender offer to repurchase €2.5 billion of its undated deeply subordinated notes issued in 2015 and plans to issue new notes to manage its hybrid portfolio more effectively. The new notes will be issued in two tranches, aimed at qualified investors, with conditions set to the company’s discretion. The tender offer is part of TotalEnergies’ strategy to optimize its financial structure amidst evolving market conditions.
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