Peach Property AG logo

PEAN - Peach Property AG News Story

CHF60.8 -0.4  -0.7%

Last Trade - 17/01/22

Sector
Financials
Size
Mid Cap
Market Cap £828.6m
Enterprise Value £2.09bn
Revenue £273.8m
Position in Universe 424th / 1057

BRIEF-Peach Property Group Completes Offering Of Convertible Bonds For CHF 180 Million

Fri 18th June, 2021 5:03pm
June 18 (Reuters) - Peach Property Group AG  PEAN.S :
    * SUCCESSFUL COMPLETION OF THE OFFERING OF MANDATORY
CONVERTIBLE
BONDS FOR GROSS PROCEEDS OF CHF 180 MILLION
    * NET PROCEEDS TO BE USED TO FINANCE RECENT ACQUISITION OF
EAGLE
PORTFOLIO AND COMPANY'S FURTHER GROWTH
    * BONDS WILL CARRY A COUPON OF 2.50% PER ANNUM AND WILL BE
MANDATORILY CONVERTED INTO NEWLY ISSUED REGISTERED SHARES ON 23
DECEMBER 2021 AT AN INITIAL CONVERSION PRICE OF CHF 55.00

Source text for Eikon:  ID:nPexxSNJNa 
Further company coverage:  PEAN.S 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
© Stockopedia 2022, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.