Brief: Media And Games Invest Increases Bond Volume To 20 Mln Euros

Mgi Media and Games Invest Se

24/03/2020 08:34

March 24 (Reuters) - MEDIA AND GAMES INVEST PLC  M8G.DE :
    * BOND VOLUME INCREASED TO 20 MILLION EUROS
    * FREE FUNDS FROM PLACEMENT ARE TO BE USED AMONGST OTHERS
FOR M&A
    * HAS SUCCESSFULLY INCREASED ITS MGI 2019/2024 BOND, BY A
FURTHER
EUR 3 MILLION, AS PART OF A SUBSEQUENT SELECTIVE PLACEMENT, TO A
TOTAL VOLUME OF EUR 20 MILLION
    * BOND HAS A TOTAL VOLUME OF UP TO EUR 25 MILLION
    * COMPANY PLANS TO PLACE FURTHER TRANCHES IF M&A
OPPORTUNITIES
ARISE
    * PLANS TO PLACE FURTHER TRANCHES IF M&A OPPORTUNITIES ARISE
    * INTEREST COUPON AMOUNTS TO 7.00 PERCENT P.A. WITH
QUARTERLY
INTEREST PAYMENTS
    * BEARER BONDS HAVE A NOMINAL AMOUNT OF EUR 1,000
    * BOND HAS A TERM UNTIL 11 OCTOBER 2024 AT LATEST
    * FURTHER EARLY REDEMPTION OPTIONS EXIST IN OCTOBER 2022
(102
PERCENT) AND OCTOBER 2023 (101 PERCENT)
    * EARLY REDEMPTION IS POSSIBLE IN WHOLE OR IN PART FOR FIRST
TIME
IN OCTOBER 2021 AT 103 PERCENT OF NOMINAL VALUE

Source text for Eikon:  ID:nEQ7Tj9BGa 
Further company coverage:  M8G.DE 

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