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PARIS - TDF Infrastructure SAS announced a €300 million fixed-rate bond offering with stabilization measures to be implemented by Societe Generale (OTC:SCGLY), according to a press release issued Monday.
The bonds will carry a 3.625% fixed coupon with annual payments and will mature on December 16, 2030. The securities are being offered at a price of 99.577% of face value.
Societe Generale will serve as the Stabilization Coordinator for the offering, with stabilization activities expected to begin July 7, 2025, and continue until August 15, 2025. The stabilization process may involve over-allotment of securities to support the market price during this period.
The stabilization manager may conduct transactions to maintain the bond price at levels higher than might otherwise prevail in the open market, though the company noted that stabilization is not guaranteed to occur and may cease at any time.
The bond offering is directed primarily at qualified investors outside the United Kingdom (TADAWUL:4280) or those within the UK who have professional experience in investment matters or qualify as high net worth individuals under UK financial regulations.
The securities have not been registered under the United States Securities Act of 1933 and will not be offered or sold in the United States.
TDF Infrastructure SAS is a French telecommunications infrastructure company. The announcement was made through a regulatory filing with the London Stock Exchange (LON:LSEG).
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