Brief: Deutsche Konsum REIT Extends Convertible Bonds And Increases FFO Forecast For FY 2018/19

Deutsche Konsum Real Estate AG

27/09/2018 07:03

Sept 27 (Reuters) - DEUTSCHE KONSUM REIT AG  DKG.DE :
    * SAID ON WEDNESDAY IT EXTENDS CONVERTIBLE BONDS AND
SIGNIFICANTLY
REDUCES ITS FINANCING COSTS
    * EXTENDS THE TWO OUTSTANDING CONVERTIBLE BONDS 2015/2020 BY
FIVE
YEARS UNTIL 30 JANUARY 2025
    * CONVERSION PRICES OF EACH CONVERTIBLE BOND TO BE RAISED BY
7%
AND 5%
    * INCREASES FFO FORECAST TO EUR 26 MILLION TO EUR 29 MILLION
(PREVIOUSLY EUR 25 MILLION TO EUR 28 MILLION) FOR FY 2018/2019

Source text for Eikon:  ID:nEQbL6gJ4a 
Further company coverage:  DKG.DE 

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