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Icade buys back €265 million in bonds

This buyout offer was launched on May 14.
Nicolas Joly (Jean-François Merle / Costar)
Nicolas Joly (Jean-François Merle / Costar)
Business Immo
May 22, 2025 | 6:26 P.M.

Translated from French.

In a press release, the group headed by Nicolas Joly announced that it had bought back €265 million of bonds under a buyback offer launched on May 14. This amount exceeds the initial target of 250 M€ including accrued interest. Excluding accrued interest, the nominal amount repurchased came to €267.5 million, out of the €507.1 million tendered.

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