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Valeo Plans Full Redemption of EUR750 Million Notes due 2027

MT Newswires·08/19/2026 03:31:42
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03:31 AM EDT, 08/19/2026 (MT Newswires) -- Valeo (FR.PA) said Wednesday it plans to fully redeem 750 million euros of 5.375% notes due May 28, 2027, exercising its make-whole redemption option. Drawn from the French automotive technology company's 5 billion-euro medium-term note program, the notes will be redeemed on Aug. 24 at a make-whole redemption price of 102,436.71 euros apiece, reflecting a redemption rate of 2.6080%.