Picture of Morphosys AG logo

MOR Morphosys AG News Story

0.000.00%
de flag iconLast trade - 00:00
HealthcareHighly SpeculativeMid CapMomentum Trap

Brief: Morphosys Invites Eligible Holders To Offer To Sell For Cash Their Convertible Bonds Due 2025

March 23 (Reuters) - MORPHOSYS AG  MORG.DE :
    * MORPHOSYS AG INVITES ALL ELIGIBLE HOLDERS TO OFFER TO SELL
FOR
CASH THEIR CONVERTIBLE BONDS DUE 2025 (ISIN DE000A3H2XW6)
    * MORPHOSYS AG - COMPANY INTENDS TO REPURCHASE APPROX. EUR
120
MILLION IN AGGREGATE PRINCIPAL AMOUNT OF BONDS
    * MORPHOSYS AG - PURCHASE PRICE PER BOND TENDERED WILL BE
BETWEEN
60.00 % AND 64.00 % OF PRINCIPAL AMOUNT PER BOND (EQUAL TO
BETWEEN EUR 60,000 AND EUR 64,000 PER BOND)
    * MORPHOSYS AG - SETTLEMENT IS EXPECTED TO OCCUR ON 30 MARCH
2023

Further company coverage:  MORG.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 587 696 600;))

Recent news on Morphosys AG

See all news