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Elis Plans Early Redemption of EUR380 Million Convertible Bonds Due 2029
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01:39 AM EDT, 09/11/2026 (MT Newswires) -- Elis (ELIS.PA) said Friday that it is planning to redeem early all of its outstanding 380 million euros of 2.25% convertible bonds due in 2029. Issued in September 2022, the bonds will be redeemed on Oct. 13, 2026, at 100,129.45 euros for every 100,000 euros of the bond plus 129.45 euros for accrued interest. The French workplace supplies company said holders of the bonds may still opt to convert the bonds no later than Oct. 2 at a ratio of 6,256.8564 shares per bond.
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