TotalEnergies SE (FR:TTE) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
TotalEnergies SE has announced a tender offer for its €2.5 billion undated deeply subordinated notes, aiming to manage its hybrid portfolio proactively. The offer includes a maximum acceptance amount of the full €2.5 billion, allowing the company to potentially purchase all the outstanding notes from qualifying holders. This strategic move aligns with their recent pricing of €1.25 billion in new undated subordinated notes.
For further insights into FR:TTE stock, check out TipRanks’ Stock Analysis page.
