Euronext Announces Results of Its Buyback Offer on 2026 Bonds
Euronext has disclosed the outcomes of its bond buyback offer valued at 600 million euros, maturing in 2026.
Details of the Buyback Offer
According to Euronext's press release, the deadline for the bond buyback offer was set for November 24, 2025, at 5:00 PM CET. By the deadline, a total principal amount of 214.515 million euros in bonds was validly submitted to the offer. Euronext decided to repurchase all the bonds presented, corresponding to a final accepted amount of 214.515 million euros. The settlement date for this transaction is scheduled for November 27, 2025. Subsequently, a total of 385.485 million euros in bonds will remain outstanding.
Conditions and Management of the Offer
The buyback offer was subject to various conditions, including the 'New Issuance Condition' which was met, Euronext indicates. The operation was conducted in accordance with the terms set out in the buyback offer memorandum dated November 17, 2025. Crédit Agricole Corporate and Investment Bank, ING Bank N.V., J.P. Morgan SE, and Société Générale served as managers of the offer.
Euronext's Market Expansion and Future Plans
Euronext, having recently acquired a majority stake in the Athens Stock Exchange, continues to expand its market infrastructure across Europe. The company mentioned the possibility of acquiring more bonds in the future through various methods, including open market purchases or privately negotiated transactions, under terms and prices it will determine. As an operator of a significant portion of the EU's stock market, Euronext also manages regulated exchanges in several European countries and plans to further strengthen its market position.
