Carmila launches bond buyback offer

Carmila announced on March 17, 2025, the launch of a tender offer on several existing bonds. The bonds concerned include those maturing in May 2027, March 2028, and October 2028, for a total amount of €1.15 billion. The offer is subject to the terms set forth in the Tender Offer Memorandum, with a maximum acceptance amount to be determined by Carmila. The objective is to manage the maturity profile of its debt and its liquidity. The offer will run from March 17 to 24, 2025, and the results will be published on March 25, 2025.