Vallourec, a top provider of premium tubular solutions, plans to partially redeem senior notes due in 2032 for $82 million, optimizing its capital structure and reducing borrowing costs. The redemption will not affect cash distributions to shareholders, with a redemption price set at 103% of the principal amount plus accrued interest. The transaction reflects Vallourec’s commitment to financial efficiency and balance sheet strength. Philippe Guillemot, CEO, emphasized the move’s benefits in lowering interest costs and ensuring success in any market condition. The redemption is scheduled for September 13th, 2025, with payment on September 15th.

Read more at GlobeNewswire: VALLOUREC ANNOUNCES PARTIAL REDEMPTION OF SENIOR NOTES DUE