Brief: Global Blue Announces $225 Mln Strategic Growth Equity Investment From Certares And Knighthead

Global Blue Holding

06/05/2022 14:43

May 6 (Reuters) - Global Blue Group Holding Ltd  GB.N :
    * GLOBAL BLUE ANNOUNCES $225 MILLION STRATEGIC GROWTH EQUITY
INVESTMENT FROM CERTARES AND KNIGHTHEAD
    * GLOBAL BLUE GROUP HOLDING LTD - OF $225 MILLION
INVESTMENT, $180
MILLION IS FOR SERIES B PREFERRED SHARES AND $45 MILLION IS FOR
COMMON SHARES
    * GLOBAL BLUE GROUP HOLDING LTD - NEW SERIES B PREFERRED
SHARES
WILL BE ISSUED AT A PRICE OF $8.50 PER SHARE
    * GLOBAL BLUE GROUP HOLDING LTD - ENTERED INVESTMENT
AGREEMENT
WITH CK OPPORTUNITIES FUND I, LP AND KNIGHTHEAD OPPORTUNITIES
CAPITAL MANAGEMENT, LLC
    * GLOBAL BLUE GROUP HOLDING LTD - CK OPPORTUNITIES HAS
AGREED TO
INVEST $225 MILLION

Source text for Eikon:  ID:nBw7BSd92a 
Further company coverage:  GB.N 

 ((Reuters.Briefs@thomsonreuters.com;))