29th Oct 2018 12:56
LONDON (Alliance News) - Tesco PLC on Monday reported indicative results of its previously announced tender offers for outstanding Euro and Sterling notes.
The UK's biggest supermarket chain by market share said EUR205.5 million worth of 1.375% notes due 2019, GBP83.9 million of 5.50% notes due 2019, GBP31.8 million of 4.875% notes due 2042 and GBP55.9 million of
5.20% notes due 2057 were tendered under its offer.
The company said the purchase price of the notes will be determined in accordance with market convention. It will price the offer on Monday afternoon.
Tesco shares were trading down 1.1% at 210.40 pence each.
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