Royal Mail owner IDS launches tender for notes due 2024 -Today at 03:46 pm| MarketScreener

International Distributions Services PLC – owner of Royal Mail – Announces tender offer for EUR500.0 million 2.375% guaranteed notes due 2024. The purpose for the tender offer is to optimise the company’s capital structure and debt profile and its subsidiaries.

Current stock price: 242.30 pence, closed down 0.3% on Friday in London

12-month change: down 6.7%

By Tom Budszus, Alliance News reporter

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