April 15 (Reuters) - AIXTRON SE AIXGn.DE:
TO LAUNCH CONVERTIBLE BOND OFFERING
TO OFFER EUR 450 MILLION UNSECURED CONVERTIBLE BONDS DUE APRIL 23, 2031
BONDS CONVERTIBLE INTO SHARES REPRESENTING ABOUT 7.5% OF SHARE CAPITAL
BONDS ISSUED AT 100% PRINCIPAL WITH 25%-30% CONVERSION PREMIUM; NO PERIODIC INTEREST
BONDS TO BE REDEEMED AT 102.53%-105.11% OF PRINCIPAL AT MATURITY
SETTLEMENT EXPECTED AROUND APRIL 23, 2026; TO APPLY FOR FRANKFURT OPEN MARKET LISTING
NET PROCEEDS TO BE USED FOR GENERAL CORPORATE PURPOSES INCLUDING INVESTMENTS AND BUYBACKS
BONDS, WITH AN AGGREGATED PRINCIPAL AMOUNT OF APPROX. EUR 450 MILLION AND A DENOMINATION OF EUR 100,000 PER BOND, WILL BE ISSUED BY AIXTRON SE
Source text: ID:nEQ2CvK1wa
Further company coverage: [AIXGn.DE]
(Gdansk Newsroom)
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