K+S at the bottom of STOXX after convertible bonds offering

K+S AG

09/06/2026 08:41

** Shares in potash and salt miner K+S SDFGn.DE fall 4% after the company launched an offering of approximately €300 million ($346.20 million) convertible bonds due 2031
** It said it plans to use the proceeds to finance acquisition of Qemetica's salt business in Poland and Germany
** Last week it said it would acquire Polish chemicals firm Qemetica's salt business for around €350-380 million
** Stock at the bottom of pan-European STOXX 600 index .STOXX

    
  


($1 = 0.8666 euros)

 (Reporting by Paolo Laudani in Gdansk)
 ((Paolo.laudani@thomsonreuters.com))