This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.
Vodafone launched a tender offer to buy back its dollar and sterling denominated bonds, funded by the latest issuance of its EUR and GBP-denominated notes. Details of the tender offer are given below.
The maximum tender amount is up to €2bn equivalent based on the above acceptance priority. Vodafone reserves the right to increase or decrease either or both, the maximum tender amount and the cap for the USD 4.25% 2050s. The early tender deadline is on July 14 with the tender offer expected to conclude on July 29. The company plans to pro-actively manage its outstanding debt portfolio following the tender offer.
For more details, click here