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Fugro N.V. — Capital/Financing Update 2022
Sep 19, 2022
3845_iss_2022-09-19_139097e2-afb3-4be1-b28e-696703752d55.pdf
Capital/Financing Update
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Press Release
Leidschendam, The Netherlands, 19 September 2022
Partial repayment of 2024 convertible bonds
Fugro will repay part of its EUR 91.0 million outstanding 2024 convertible bonds. In accordance with the terms and conditions, bond holders could at their discretion require the early redemption at par on the fifth anniversary of their issue. During the notice period, which ended on 16 September 2022, Fugro received early redemption notices for an aggregate amount of EUR 48.5 million.
The redemption, which will take place on 2 November 2022, will be funded from existing cash resources.
For more information
Media Edward Legierse [email protected] +31 70 31 11147 +31 6 4675 2240
Investors
Catrien van Buttingha Wichers [email protected] +31 70 31 15335 +31 6 1095 4159
About Fugro
Fugro is the world's leading Geo-data specialist, collecting and analysing comprehensive information about the Earth and the structures built upon it. Adopting an integrated approach that incorporates acquisition and analysis of Geo-data and related advice, Fugro provides solutions. With expertise in site characterisation and asset integrity, clients are supported in the safe, sustainable and efficient design, construction and operation of their assets throughout the full life cycle.
Employing approximately 9000 talented people in 59 countries, Fugro serves clients around the globe, predominantly in the energy, water and infrastructure industries, both offshore and onshore. In 2021, revenue amounted to EUR 1.5 billion. Fugro is listed on Euronext Amsterdam.