XTRA:MTXAerospace & Defense
MTU Aero Engines’ Early Convertible Bond Redemption Might Change The Case For Investing In MTU Aero Engines (XTRA:MTX)
MTU Aero Engines has moved to redeem early its €500,000,000 0.05% fixed-rate convertible bonds originally due March 2027, having already repurchased very large proportion of the issue and setting 6 March 2026 as the redemption date for the remaining bonds, with conversion rights exercisable until 20 February 2026.
This early redemption sheds light on the company’s capital structure choices, highlighting its active approach to managing funding mix and potential dilution.
We’ll now examine how...