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BFIT Basic-Fit NV News Story

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Brief: Basic-Fit Raises Eur 307 Mln Through Senior Unsecured Convertible Bonds Due 2031

April 17 (Reuters) - Basic-Fit NV BFIT.AS:

SUCCESFULLY RAISES EUR 307,600,000 THROUGH AN OFFERING OF SENIOR UNSECURED CONVERTIBLE BONDS DUE 2031

UPON EXERCISE OF CONVERSION RIGHTS BY HOLDERS BONDS WILL BE CONVERTIBLE INTO NEW AND/OR EXISTING ORDINARY SHARES OF THE COMPANY

BONDS WILL BE ISSUED WITH A COUPON OF 2.50% PER ANNUM

BONDS WILL HAVE A MATURITY OF 5 YEARS

APPLICATION WILL BE MADE FOR THE BONDS TO BE ADMITTED ON THE OPEN MARKET OF THE FRANKFURT STOCK EXCHANGE NOT LATER THAN 90 DAYS AFTER THE ISSUE DATE

INITIAL PRICE FOR CONVERSION OF BONDS INTO SHARES HAS BEEN SET AT EUR 46.618

Source text: Here for full press release

Further company coverage: BFIT.AS

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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