Teleperformance accepts tenders for €597 million notes from two series

By Marisa Wong

Los Angeles, June 23 – Teleperformance SE announced the success of its tender offer for its €600 million 1.5% notes due April 3, 2024 (ISIN: FR0013248465) and €750 million 1.875% notes due July 2, 2025 (ISIN: FR0013346822), according to a Thursday press release.

The company accepted tenders for €462.5 million of the 2024 notes at a tender price of par and €134.5 million of the 2025 notes at a tender price of 99.25.

The remaining outstanding principal amount of the existing notes will be €137.5 million for the 2024 notes and €615.5 million for the 2025 notes.

As announced on June 16, the company offered to purchase up to a maximum acceptance amount of €500 million from the two series,

The company is financing the tender offer with proceeds from an offering of new seven-year sustainability-linked notes. The company sold €500 million of 3.75% seven-year notes on June 20.

Based in Paris, Teleperformance provides customer acquisition management, customer care, technical support, debt collection, social media services and other services.

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