Fortrea (FTRE) said Monday it launched a $75.7 million debt tender offer for its outstanding 7.500% senior secured notes due 2030.
The tender offer will expire at 5:00 p.m. ET on Nov, 18, 2025, unless extended or terminated by the company, Fortrea said.
The company said it expects to fund the tender offer consideration with cash on hand and/or other sources of liquidity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.