Brief: Bigben Interactive Announces Placement Of 87.3 Million Euros Of Bonds Exchangeable Into Nacon Shares

Bigben Interactive SA

12/02/2021 17:27

Feb 12 (Reuters) - BIGBEN INTERACTIVE SA  BGBN.PA :
    * ANNOUNCES SUCCESSFUL PLACEMENT OF EUR 87.3 MILLION OF
CONDITIONALLY GUARANTEED SENIOR BONDS EXCHANGEABLE INTO NACON
SHARES
    * BONDS WILL CARRY A COUPON OF 1.125% PER ANNUM
    * THE INITIAL UNIT EXCHANGE PRICE OF THE BONDS WAS SET AT
9.60
EUROS
    * BIGBEN CURRENTLY DIRECTLY OWNS 76.67% OF NACON.
    * APPLICATION WILL BE MADE TO LIST THE BONDS ON THE EURONEXT
ACCESS MARKET OF EURONEXT IN PARIS WITHIN 30 CALENDAR DAYS OF
THE ISSUE DATE
    * IN EVENT OF AN EXCHANGE OF ALL OF BONDS OR EXERCISE OF
REDEMPTION OPTION IN SHARES, ISSUER WILL HOLD DIRECT INTEREST OF
66% OF SHARE CAPITAL AND VOTING RIGHTS OF COMPANY

Source text for Eikon:  ID:nGNE4GZ4Gt 
Further company coverage:  BGBN.PA 

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