IN BRIEF – EUROPE
- From: Vol 8, Issue 3 (March 2007)
- Category: Brief
- Region: Europe
- Country: Austria
- Related Companies: ABN Amro, Aguas de Barcelona, Barclays Capital, BNP Paribas, Bristol Water Holdings, BWT Group, Christ Water Technology, Grontmij, Scottish Water and Suez
* In order to improve its debt redemption profile, Suez has bought back €1.235 billion of outstanding bonds, just short of the maximum €1.25 billion threshold it set back in mid-February.
Dealer-managers ABN Amro, Barclays and BNP Paribas accepted all offers to sell, and Suez ended up repurchasing €670.5 million of its 5.50% 2009 bond, and €564.6 million of its 4.25% 2010 issue.
* Austrian water treatment concern BWT saw its consolidated sales rise by 14.5% to €362 million in 2006, while EBIT increased by 26.7 ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
