Brief: Deutsche Rohstoff Decides To Issue Convertible Bonds

Deutsche Rohstoff AG

22/03/2018 16:43

March 22 (Reuters) - Deutsche Rohstoff Ag  DR0G.DE :
    * DECIDES TO ISSUE CONVERTIBLE BONDS
    * NON-SUBORDINATED, UNSECURED CONVERTIBLE BONDS IN A TOTAL
NOMINAL
AMOUNT OF UP TO APPROXIMATELY EUR 14.5 MILLION
    * TERM THAT RUNS UNTIL 29 MARCH 2023
    * CONVERTIBLE BONDS CAN INITIALLY BE CONVERTED INTO UP TO
506.307
NEW OR EXISTING REGISTERED SHARES
    * BONDS WILL HAVE TERM OF 5 YEARS AND BE ISSUED AT 100% OF
NOMINAL
AMOUNT OF EUR 1,000.00 EACH
    * CONVERSION PRICE WILL BE BETWEEN EUR 28.00 AND EUR 28.50
    * INTENDS TO INVEST NET PROCEEDS FROM ISSUE FOR EXTENSIVE
GROWTH
FINANCING OF GROUPS US OIL & GAS ACTIVITIES

Source text for Eikon:  ID:nEQ3T2qr1a 
Further company coverage:  DR0G.DE 

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