Alpiq Holding Ltd. is launching another, fourth tender offer for up to a maximum of CHF 300 million of its outstanding bonds due between 2019 and 2024. With this measure, Alpiq intends to further decrease its gross debt and financing costs in line with its financial strategy. The tender offer starts on 3 September 2018 and ends on Thursday, 13 September 2018. The results of the buyback are expected to be published on 14 September 2018. The settlement is scheduled for 18 September 2018. The repurchased bonds will be cancelled.
Alpiq already launched tender offers in 2014, 2015 and 2016. This enabled the company to reduce its gross debt in line with its financial strategy.
Find more information about Alpiq: www.alpiq.com