Nexans is trading at €144.90, up +4.09%, after issuing a €500 million, five-year bond.
- The bond carries a 4.25% annual coupon; proceeds will refinance bridge financing used for the June 2026 Republic Wire acquisition.
- Strong institutional demand reportedly supported the offering.
- Broader risk-on sentiment is also helping as major U.S. indexes advance, but the refinancing catalyst is the clearest explanation for the September 11, 2026 move.