Synthomer PLC - Essex, England-based chemicals manufacturer - Launches unsecured senior notes offering of €350 million due 2029. Says the notes will be unconditionally guaranteed by some Synthomer subsidiaries. Synthomer intends to use the proceeds, together with cash on balance sheet, to repurchase or redeem some existing senior notes due 2025, alongside paying certain costs, expenses and fees relating to the offering. Also makes tender offer, offering to purchase for cash the outstanding senior notes due 2025. Expects the offering and the tender offer will settle simultaneously on the issue date of the notes.

Current stock price: 253.50 pence, down 1.7%

12-month change: down 72%

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