Air Liquide Finance has announced offers to purchase for cash up to $350m of its outstanding 2.500% notes due 2026 and $100m of its outstanding 3.500% notes due 2046, according to a press release.
“The Offeror intends, but is not obligated, to increase either or both of the applicable Maximum Tender Amounts to the extent necessary to allow for a combined acceptance of Notes validly tendered and not validly withdrawn at or prior to the Early Tender Time up to an aggregate maximum principal amount for both series of up to [$500m],” the release states.
Air Liquide has retained BofA Securities Europe SA, Citigroup Global Markets Limited and Natixis Securities Americas to act as the dealer managers for the tender offers, and Global Bondholder Services Corporation to act as the information and tender agent.
The Tender Offers will expire at 11:59 p.m., New York City time, on April 11, 2023.
