Brief: Cembra Places Additional Tier 1 Bond Of 150 Million Francs

Cembra Money Bank AG

04/07/2019 16:41

July 4 (Reuters) - CEMBRA MONEY BANK AG  CMBN.S :
    * PLACED ADDITIONAL TIER 1 PER ANNUM (AT1 BOND) OF CHF 150
MILLION
AT AN INTEREST RATE OF 2.5%
    * ISSUE PRICE IS CHF 100.00 AND THE PAYMENT TAKES PLACE ON
15.
JULY 2019
    * BOND WILL BE TRADED ON THE SIX STOCK EXCHANGE
    * ALSO PLACED 4% OF THE SHARE CAPITAL AND A CHF 250 MILLION
CONVERTIBLE BOND
    * PROCEEDS TO REFINANCE ACQUISITION OF CASHGATE AND OTHER
GENERAL
CORPORATE PURPOSES

Source text for Eikon:  ID:nTEN7b7nva 
Further company coverage:  CMBN.S 

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