4th Jun 2025 10:20
Ocado Group PLC - Hatfield, England-based online grocery seller - Plans to place GBP100 million in 11% senior notes due 2030. These will form a single class with notes from a GBP300 million placement back in May. The move is intended to extend debt maturity and reduce leverage over time, Ocado says. As part of that effort, Ocado also will repurchase bonds due 2025 for an aggregate GBP80 million, leaving around GBP55.8 million of the 2025 bonds outstanding. Read More
