Brief: Deutsche Beteiligungs To Issue Convertible Bonds

Deutsche Beteiligungs AG

28/06/2024 07:04

June 28 (Reuters) - DEUTSCHE BETEILIGUNGS AG  DBANn.DE :
    * PLANS TO ISSUE CONVERTIBLE BONDS DUE 2030 IN AN AGGREGATE
PRINCIPAL AMOUNT OF 100 MILLION EUROS
    * WITH A DENOMINATION OF 100,000.00 EUROS EACH AND A
MATURITY OF
5.5 YEARS, CONVERTIBLE BONDS ARE ISSUED AT 100 PER CENT OF PAR
    * CONVERTIBLE BONDS WILL BEAR INTEREST AT A FIXED RATE
BETWEEN 5.0
PER CENT AND 5.5 PER CENT P.A.
    * CONVERSION PREMIUM IS PLANNED TO BE SET BETWEEN 22.5 PER
CENT
AND 27.5 PER CENT OF REFERENCE SHARE PRICE
    * CONVERTIBLE BONDS ARE OFFERED EXCLUSIVELY TO INSTITUTIONAL
INVESTORS IN CERTAIN JURISDICTIONS OUTSIDE THE US
    * TO USE NET PROCEEDS FOR CO-INVESTMENTS TO BE MADE
ALONGSIDE
FUNDS ADVISED BY COMPANY AND ELF CAPITAL GROUP AND FOR GENERAL
CORPORATE PURPOSES

Source text for Eikon:  ID:nEQ772GZha 
Further company coverage:  DBANn.DE 

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