Rekeep wraps €20M add-on to 2026 bonds

Rekeep SpA today announced it has completed a €20 million add-on to its 7.25% notes due 2026.

The private placement priced at 102.75, while the €350 million of outstanding notes closed yesterday at 102.48. The original tranche was issued last month at par and pricing came well inside guidance of 7.75% area.

Proceeds from the tap will be used for general corporate purposes.

Rekeep (formerly known as Manutencoop) provides facility management services alongside laundering and sterilization services.