Worldline launches capped tender offer for two series of 2024 bonds

By Marisa Wong

Los Angeles, May 10 – Worldline SA announced a tender offer to repurchase for cash its €600 million 1.625% series A bonds due September 2024 (ISIN: FR0013281946) issued in 2017 and its €500 million 0.25% series B bonds due September 2024 (ISIN: FR0013448032) issued in 2019, according to a press release.

Worldline is offering to purchase up to €300 million aggregate nominal amount of bonds. The company may increase or decrease and allocate that maximum acceptance amount between each series of bonds at its discretion.

The offer will expire at 11 a.m. ET on May 16. The results are expected to be announced on May 17.

The company said it is carrying out the tender offer to proactively manage its debt profile.

Worldline is a Paris-based payment services company.

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