Politics
Birkenstock Readies First Bond Deal in Five Years for Buybacks
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Birkenstock Readies First Bond Deal in Five Years for Buybacks Birkenstock is lining up its first bond offering in more than five years as it seeks to replace existing debt and considers further share buybacks. The German footwear maker is set to raise €900 million ($1.04 billion) from the sale of seven-year notes callable after three years, according to a person with knowledge of the matter, who asked not to be identified. The company will have a call with investors about the transaction on...
Birkenstock Readies First Bond Deal in Five Years for Buybacks
Birkenstock is lining up its first bond offering in more than five years as it seeks to replace existing debt and considers further share buybacks.
The German footwear maker is set to raise €900 million ($1.04 billion) from the sale of seven-year notes callable after three years, according to a person with knowledge of the matter, who asked not to be identified. The company will have a call with investors about the transaction on Monday and hold further meetings through Tuesday.