Sodexo Inc. launches bond offering and tender offer

Sodexo Inc., the U.S. subsidiary of Sodexo SA, announced a new U.S. dollar bond offering, supported by Sodexo SA. At the same time, a cash tender offer is being launched for its senior bonds maturing in 2026. This transaction aims to refinance a portion of the current debt and extend its maturity.

The tender offer expires on May 22, 2025, subject to possible extensions. Sodexo Inc. will prioritize the allocation of the new bonds to holders of the 2026 bonds who wish to participate.

The successful completion of this transaction is dependent on the issuance of the new bonds. Details are available from Kroll Issuer Services Limited, the offer agent.