Brief: K+S - Launches An Offering Of Approximately EUR 300 Mln Convertible Bonds Due 2031

K+S AG

09/06/2026 06:52

June 9 (Reuters) - K+S AG SDFGn.DE:
LAUNCHES AN OFFERING OF APPROXIMATELY EUR 300 MILLION CONVERTIBLE BONDS DUE 2031
EXISTING SHAREHOLDERS' PRE-EMPTIVE RIGHTS EXCLUDED FOR BOND OFFERING
BONDS EXPECTED TO BEAR COUPON OF 0.38%-0.88% PER ANNUM
BOND SETTLEMENT EXPECTED ON OR AROUND JUNE 16, 2026
HAS AGREED TO A LOCK-UP PERIOD OF 90 CALENDAR DAYS AFTER ISSUE DATE
PLANS TO USE PROCEEDS TO FINANCE ACQUISITION OF QEMETICA'S SALT BUSINESS IN POLAND AND GERMANY
Source text: ID:nEQ6CYn6Fa
Further company coverage: [SDFGn.DE]

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