Brief: Media and Games Invest Places EUR 80 Million Of Subsequent Bonds

Mgi Media and Games Invest Se

24/08/2021 17:20

Aug 24 (Reuters) - Media and Games Invest SE  M8G.DE :
    * MEDIA AND GAMES INVEST SUCCESSFULLY PLACES EUR 80 MILLION
OF
SUBSEQUENT BONDS AT 103.00% OF PAR AND A YTM OF 4.76% ENABLING
REFINANCING OF ITS UNSECURED BOND AND FURTHER EXECUTION OF THE
M&A PIPELINE
    * PROCEEDS TO BE USED TO REFINANCE UNSECURED GERMAN BOND AND
FURTHER M&A TRANSACTIONS
    * SUBSEQUENT BOND ISSUE OF EUR 80 MILLION REACHING TOTAL
FRAMEWORK
OF EUR 350 MILLION
    * WELL OVERSUBSCRIBED, ISSUED AT A PRICE OF 103.00%,
CORRESPONDING
TO YTM OF 4.76%

Source text for Eikon:  ID:nEQ8X1PXSa 
Further company coverage:  M8G.DE 

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