Brief: Genova Property Group Raises About SEK 200 Mln In Convertible Bond Issue

Genova Property AB

12/03/2024 15:25

March 12 (Reuters) - Genova Property Group AB  GPGR.ST :
    * GENOVA PROPERTY GROUP HAS COMPLETED A ISSUE OF CONVERTIBLE
BONDS
RAISING PROCEEDS OF AROUND 200 MSEK
    * CONVERTIBLE BOND ISSUE HAS BEEN MET BY A SOLID DEMAND AND
WAS
OVERSUBSCRIBED.
    * INTENDS TO USE NET PROCEEDS FROM CONVERTIBLE BOND ISSUE
FOR
GENERAL CORPORATE PURPOSES
    * IN CONNECTION WITH CONVERTIBLE BOND ISSUE, GENOVA HAS ALSO
REPURCHASED HYBRID BONDS FOR AN AMOUNT OF AROUND MSEK 100

Source text for Eikon:  ID:nWkr3yX29J 
Further company coverage:  GPGR.ST 

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