07:32 AM EST, 11/24/2025 (MT Newswires) -- Fortrea ( FTRE ) said Monday it completed its debt tender offer with the purchase of around $75.7 million of its 7.500% senior secured notes due 2030 using cash on hand.
The tender offer satisfied a requirement related to the divestiture of its Fortrea Patient Access and Endpoint Clinical businesses completed in June 2024, the company said.
The purchase of the tendered notes reduced the principal outstanding on the 2030 notes to about $494.3 million from $570 million, Fortrea ( FTRE ) said.