on SES GLOBAL (EPA:SESG )
SES Completes €100 Million Repurchase of NC625 Securities
SES S.A., based in Luxembourg, has successfully completed the repurchase of €99,978,000 of its €625,000,000 Deeply Subordinated Fixed Rate Resettable Securities, originally issued in May 2021. The repurchased securities will be cancelled following terms and conditions.
Post-transaction, the outstanding principal amount stands at €525,022,000. Payments will follow the standard Clearstream, Luxembourg, and Euroclear procedures. This move illustrates SES's financial flexibility and strong cash generation.
SES might consider additional securities repurchases based on future market conditions. Notably, this statement isn't an offer to buy or sell any securities.
R. E.
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