on SANHA GmbH & Co. KG (isin : DE000A1TNA70)
SANHA GmbH & Co. KG: Corporate Bond Buyback Offer Deadline Approaching
SANHA GmbH & Co. KG, a prominent piping systems manufacturer, is nearing the deadline for their buyback offer of the 2013/2026 corporate bond. This initiative aims to reduce financial liabilities, ending on January 20, 2025. Launched on December 19, 2024, the offer involves a nominal volume of up to EUR 5 million at a price of 100%.
Bondholders have until 18:00 on January 20, 2025, to participate. The buyback will utilize the company's liquid funds, helping to decrease bond liabilities and diversify SANHA’s financing strategy. Interested parties must notify their custodian bank in writing and arrange for the transfer of notes to a specified ISIN.
Details of the buyback program are available in the Federal Gazette and on SANHA’s website. The company is based in Essen and operates in 50 countries with approximately 700 employees.
R. H.
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