Travis Perkins: Travis Perkins launches cash tender for GBP250 million notes

Travis Perkins PLC - Northampton, England-based builders' merchant - Launches cash tender offer for up to GBP125 million of its outstanding GBP250 million 3.75% guaranteed notes due 2026. The company said the offer is part of efforts to manage its debt profile and improve liquidity. The offer expires at 1600 BST on April 9, with pricing to be set on April 10 and settlement expected on April 11. Travis Perkins will pay an amount based on a 160 basis point spread over the UK Treasury benchmark, plus accrued interest. Current stock price: 483.00 pence, down 2.2% on Wednesday afternoon in London 12-month change: down 33% By Eva Castanedo, Alliance News reporter Comments and questions to newsroom@alliancenews.com Copyright 2025 Alliance News Ltd. All Rights Reserved. Travis Perkins PLC - Northampton, England-based builders' merchant - Launches cash tender offer for up to GBP125 million of its outstanding GBP250 million 3.75% guaranteed notes due 2026. The company said the offer is part of efforts to manage its debt profile and improve liquidity. The offer expires at 1600 BST on April 9, with pricing to be set on April 10 and settlement expected on April 11. Travis Perkins will pay an amount based on a 160 basis point spread over the UK Treasury benchmark, plus accrued interest. Current stock price: 483.00 pence, down 2.2% on Wednesday afternoon in London 12-month change: down 33% By Eva Castanedo, Alliance News reporter Comments and questions to newsroom@alliancenews.com Copyright 2025 Alliance News Ltd. All Rights Reserved.