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IN BRIEF: Imperial Brands launches tender offer for outstanding notes

20th Jul 2022 20:43

Imperial Brands PLC - Bristol, England-based tobacco firm - Launches cash tender offer for outstanding USD1.0 billion 3.500% notes due 2023 as part of a refinancing of certain of its existing debt. Imperial will pay a purchase price of USD1,000.50 per USD1,000 of securities validly tendered and not validly withdrawn prior to the expiration deadline.

Current stock price: 1,903.18 pence

12-month change: up 24%

By Arvind Bhunjun; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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