An update from Ontex Group N.V. ( (GB:0QVQ) ) is now available.
Ontex Group NV has announced the pricing of its €400 million senior bonds, which are due in 2030. The proceeds from this issuance will be used to partially repurchase existing bonds due in 2026 and cover related expenses, potentially increasing cash interest costs by €0.7 million for the year ending December 2024. This strategic financial move is aimed at optimizing the company’s debt structure, reflecting Ontex’s proactive approach to managing its financial obligations and maintaining its market position.
More about Ontex Group N.V.
Ontex Group NV is a leading international company specializing in the development and production of personal care products. The company serves both retailers and healthcare providers, focusing on delivering high-quality personal care solutions.
YTD Price Performance: 3.49%
Average Trading Volume: 33,047
Technical Sentiment Signal: Sell
Current Market Cap: €696.6M
See more data about 0QVQ stock on TipRanks’ Stock Analysis page.