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PEAN - Peach Property AG News Story

CHF62.8 -0.2  -0.3%

Last Trade - 24/09/21

Sector
Financials
Size
Mid Cap
Market Cap £740.2m
Enterprise Value £1.98bn
Revenue £270.0m
Position in Universe 444th / 1057

BRIEF-Peach Property Group Launches CHF 120 Million Mandatory Convertible Bonds

Fri 11th June, 2021 6:05am
June 11 (Reuters) - Peach Property Group AG  PEAN.S :
    * PTA-ADHOC: PEACH PROPERTY GROUP AG: LAUNCH OF A CHF 120
MILLION
MANDATORY CONVERTIBLE BONDS ISSUE ANNOUNCED
    * BONDS WILL CARRY A COUPON OF 2.50% PER ANNUM AND WILL BE
CONVERTED INTO NEWLY ISSUED REGISTERED SHARES ON 23 DECEMBER
2021 AT AN INITIAL CONVERSION PRICE OF CHF 55.00
    * COUPON OF BONDS IS SUBJECT TO SWISS WITHHOLDING TAX OF
CURRENTLY
35%.
    * BONDS WILL CARRY A COUPON OF 2.50% PER ANNUM FROM 23 JUNE
2021,
PAYABLE AT MATURITY DATE AND WILL HAVE A DENOMINATION OF CHF
100,000 AND INTEGRAL MULTIPLES OF CHF 1,000 IN EXCESS THEREOF

Source text for Eikon:  ID:nPexG2Xnla 
Further company coverage:  PEAN.S 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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