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Solvay to Launch Early Redemption Offer for EUR375 Million of 2028 Bonds

MT Newswires·11/09/2026 03:00:38
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03:00 AM EST, 11/09/2026 (MT Newswires) -- Solvay (SOLB.BR) intends to offer early redemption for 375 million euros of its 3.875% fixed-rate bonds due April 3, 2028, according to a Monday release. The chemical company issued the bonds with a principal amount of 750 million euros. The offer will open on Nov. 16, with results expected on Nov. 17 and settlement scheduled for Nov. 19. Amid the offer and subject to market conditions, Solvay is planning to issue 500 million euros of senior unsecured fixed-rate bonds with a term of seven years. The company said the redemption offer and the issuance plan are both part of its capital and debt management strategy.