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Published on 5/10/2021 in the Prospect News High Yield Daily.

Eurofins Scientific plans benchmark-sized offering on bonds

By Rebecca Melvin

Concord, N.H., May 10 – Eurofins Scientific plans to price a benchmark sized offering of new bonds of between €500 million and €750 million in size (expected rating: //BBB-), according to a company news release.

The company also launched tender offers to repurchase its €353.6 million of 3 3/8% bonds due Jan. 30, 2023, its €650 million of 2 1/8% bonds due July 25, 2024 and €600 million of 3¾% bonds due July 17, 2026.

The international group of laboratories is based in Luxembourg.


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