Brief: CBo Territoria Launches Private Placement Of Net Share Settled Bonds

Cbo Territoria SA

27/06/2023 07:34

June 27 (Reuters) - CBo Territoria SA  CBOT.PA :
    * LAUNCH OF A PRIVATE PLACEMENT OF NET SHARE SETTLED BONDS
CONVERTIBLE INTO NEW SHARES AND/OR EXCHANGEABLE FOR EXISTING
SHARES OF CBO TERRITORIA (ORNANE 2023) MATURING ON 30 JUNE 2028,
WITH A MAXIMUM PAR AMOUNT OF EUR 15 MILLION
    * PROCEEDS OF ISSUE WILL BE ASSIGNED TO PARTLY REFINANCING
NET
SHARE SETTLED BONDS CONVERTIBLE INTO NEW SHARES AND/OR
EXCHANGEABLE FOR EXISTING SHARES OF CBO TERRITORIA ISSUED BY
COMPANY IN 2018
    * NOMINAL VALUE OF EACH BOND HAS BEEN SET AT EUR4.20, WHICH
SHOULD
REPRESENT AN CONVERSION PREMIUM OF APPROXIMATELY 15%
    * BONDS WILL BEAR INTEREST AT AN ANNUAL INTEREST RATE OF 7 %
PAYABLE SEMI-ANNUALLY IN ARREAR
    * BONDS WILL BE ISSUED AT PAR ON 30 JUNE 2023
    * FINAL TERMS OF BONDS ARE SCHEDULED TO BE SET TODAY ON 27
JUNE
2023 AFTER CLOSE OF TRADING

Source text for Eikon:  ID:nACT80611 
Further company coverage:  CBOT.PA 

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