Brief: Publity Subscribes For Further Bonds Of PREOS

PREOS Global Office Real Estate & Technology AG

22/10/2020 11:40

Oct 22 (Reuters) - PUBLITY AG  PBYG.DE :
    * HAS SUBSCRIBED FOR FURTHER BONDS OF 7.50% CONVERTIBLE BOND
OF
ITS SUBSIDIARY PREOS REAL ESTATE AG WITH A NOMINAL VALUE OF EUR
30.0 MILLION
    * PREVIOUSLY ISSUED VOLUME OF CONVERTIBLE BOND, WHICH HAS A
MAXIMUM VOLUME OF EUR 300 MILLION, NOW INCREASES TO A NOMINAL
EUR 249.4 MILLION
    * AS A RESULT, PUBLITY, WHICH HOLDS AN APPROX. 86 % STAKE IN
PREOS, HOLDS PARTIAL DEBENTURES OF PREOS CONVERTIBLE BOND WITH A
CURRENT NOMINAL VALUE OF APPROX. EUR 212.2 MILLION

Source text for Eikon:  ID:nNDL72P1jr 
Further company coverage:  PBYG.DE 

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