Eurofins Scientific launches tender offer for 8.081% perpetual hybrids

By Marisa Wong

Madison, Wis., Jan. 24 - Eurofins Scientific said it launched a tender offer for its €150 million 8.081% perpetual hybrid bonds.

The tender offer expires on Jan. 30.

The existing hybrid bonds will be refinanced by a new issue of hybrid bonds.

The company announced on Thursday that it issued €150 million of 7% perpetual hybrid bonds callable in seven years.

Based in Paris, Eurofins specializes in food and pharmaceutical products testing.

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