ENXTPA:ELISCommercial Services
Elis Taps €600 Million Bond To Rebalance Debt And Fund Buybacks
Elis (ENXTPA:ELIS) has priced €600 million in senior unsecured notes under its EMTN programme.
The funds are intended for debt refinancing and a new share buyback program.
The placement was strongly oversubscribed, indicating solid demand from investors.
Elis, a provider of textile, hygiene and facility services, operates in sectors where clients often rely on long term outsourcing contracts, from hospitality and healthcare to industry. Recent years have kept attention on operational...