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Ocado Redeems GBP56 Million Convertible Bonds Due 2025

MT Newswires·12/09/2025 09:49:08
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09:49 AM EST, 12/09/2025 (MT Newswires) -- Ocado Group (OCDO.L) redeemed all of its outstanding 55.8 million pounds sterling of 0.875% guaranteed senior unsecured convertible bonds that matured Tuesday. The British grocery technology company purchased the notes at their principal amount, plus accrued but unpaid interest, for cancellation.