ENXTPA:EDENDiversified Financial
Does Edenred’s Oversubscribed €500m Bond Refinancing Strengthen Its Balance Sheet Story (ENXTPA:EDEN)?
Earlier in January 2026, Edenred completed a €500 million, 7‑year bond issuance with a 3.75% coupon, maturing on January 15, 2033, to fund general corporate purposes including refinancing a €500 million bond due March 2026.
The deal, more than three times subscribed by a broad base of international institutional investors, improves Edenred’s liquidity profile and extends the average maturity of its bond debt from 3.3 to 4.1 years, supporting its Amplify25‑28 plan.
We will now examine how...