Brief: Morphosys Repurchase Of Portion Of Outstanding Convertible Bonds Due 2025

Morphosys AG

24/03/2023 16:03

March 24 (Reuters) - MORPHOSYS AG  MORG.DE :
    * REPURCHASE OF PORTION OF OUTSTANDING CONVERTIBLE BONDS DUE
2025
(ISIN DE000A3H2XW6)
    * AGREED TO PURCHASE BONDS REPRESENTING EUR 62.9 MILLION IN
AGGREGATE PRINCIPAL AMOUNT (APPROXIMATELY 19 % OF OUTSTANDING
PRINCIPAL AMOUNT)
    * PURCHASE PRICE PER EUR 100,000 NOMINAL AMOUNT WILL BE EUR
64,000
    * WILL PAY INTEREST ACCRUED ON BONDS FROM AND INCLUDING
IMMEDIATELY PRECEDING INTEREST PAYMENT DATE TO BUT EXCLUDING
SETTLEMENT DATE OF REPURCHASE, WHICH AMOUNTS TO EUR 283.31 PER
BOND
    * FOLLOWING SETTLEMENT OF REPURCHASE WHICH IS EXPECTED TO
OCCUR ON
OR AROUND 30 MARCH 2023, AN AGGREGATE PRINCIPAL AMOUNT OF BONDS
OF EUR 262.1 MILLION WILL BE OUTSTANDING

Source text for Eikon:  ID:nEQ68mlFJa 
Further company coverage:  MORG.DE 

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