Exail Technologies launches new bond issue

Exail Technologies announces the launch of a supplementary issue of perpetual bonds, with an option for redemption in cash and/or shares, for a nominal amount of €150 million. This amount could reach €175 million if the extension option is exercised. The new bonds, convertible and fungible with those previously issued for €300 million, will carry the "European Defence Bond" label.

The issue price will be determined through an accelerated book-building process. The funds raised will be used for general corporate purposes, including refinancing the acquisition of iXblue. The bonds are scheduled to be admitted to trading on Euronext on January 20, 2026.