Brief: K+S - Placed Eur 320 Mln Convertible Bonds Due 2031
09/06/2026 16:04
BRIEF-K+S - Placed Eur 320 Mln Convertible Bonds Due 2031 June 9 (Reuters) - K+S AG SDFGn.DE:
SUCCESSFULLY PLACED EUR 320 MILLION CONVERTIBLE BONDS DUE 2031
PLANS TO USE PROCEEDS FROM OFFERING TO FINANCE RECENTLY ANNOUNCED ACQUISITION OF QEMETICA'S SALT BUSINESS IN POLAND AND GERMANY AND FOR GENERAL CORPORATE PURPOSES AS WELL AS TO OPTIMIZE ITS FINANCING STRUCTURE
BONDS WERE OFFERED BY WAY OF AN ACCELERATED BOOKBUILDING PROCESS
BONDS WILL BEAR A FIXED COUPON OF 0.625% PER ANNUM, PAYABLE SEMI-ANNUALLY IN ARREAR
SETTLEMENT OF BONDS IS EXPECTED TO TAKE PLACE ON OR AROUND JUNE 16, 2026
Further company coverage: [SDFGn.DE]
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