1st Jun 2022 14:26
Marks & Spencer Group PLC - London-based food and clothing retailer - Repurchases GBP350.3 million in share buyback of notes. GBP100.6 million of 3% notes are due in 2023, while GBP249.7 million of 4.75% notes are due in 2025. "The settlement date in respect of the notes accepted for purchase pursuant to the offers is expected to be June 6, 2022," the company explains. GBP199.4m of 2023 notes and GBP350m of 2025 notes will remain outstanding following that date, it adds. The figures confirm the indicative results of the tender offer Marks & Spencer had announced earlier on Wednesday. Read More
