Brief: LEG Immobilien Says It Upsizes Convertible Bonds Due 2030

LEG Immobilien SE

28/11/2024 06:41

Nov 28 (Reuters) - LEG IMMOBILIEN SE  LEGn.DE :
    * UPSIZES ITS CONVERTIBLE BONDS DUE 2030 THROUGH LAUNCH OF A
EUR
200 MILLION TAP ISSUE
    * NET PROCEEDS FROM NEW BONDS TO REFINANCE INDEBTEDNESS AND
GENERAL PURPOSES
    * NEW BONDS WILL BE ISSUED ON SAME TERMS (SAVE FOR ISSUE
DATE AND
ISSUE PRICE) AS ISSUER'S EUR 500 MILLION CONVERTIBLE BONDS
ISSUED ON SEPTEMBER 4, 2024
    * SETTLEMENT OF NEW BONDS IS EXPECTED TO TAKE PLACE ON OR
AROUND
DECEMBER 5, 2024
    * FINAL ISSUE PRICE OF NEW BONDS (WHICH WILL BE NO LESS THAN
100%
OF PAR) WILL BE DETERMINED ON BASIS OF AN ACCELERATED
BOOKBUILDING PROCEDURE
    * NEW BONDS TO BE INCLUDED IN TRADING OF ORIGINAL BONDS ON
FRANKFURT EXCHANGE

Source text:  ID:nEQ1pwd9Sa 
Further company coverage:  LEGn.DE 

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