Brief: Publity 5.5% Corporate Bond Can Be Subscribed With Immediate Effect

Publity AG

02/06/2020 09:19

June 2 (Reuters) - PUBLITY AG  PBYG.DE :
    * 5.5% CORPORATE BOND CAN BE SUBSCRIBED WITH IMMEDIATE
EFFECT
    * SUBSCRIPTION PERIOD EXPECTED UNTIL 17/06/2020
    * CEO AND MAJORITY SHAREHOLDER GUARANTEES MINIMUM VOLUME OF
EUR 50
MILLION
    * CEO AND MAJORITY SHAREHOLDER GUARANTEES MINIMUM VOLUME OF
EUR 50
MILLION
    * LISTING OF NEW BOND ON OPEN MARKET OF FRANKFURT STOCK
EXCHANGE
IS SCHEDULED FOR 19 JUNE 2020
    * DENOMINATION OF EURO 1,000 AND A TERM OF FIVE YEARS, UNTIL
19
JUNE 2025
    * EXCHANGE AND ADDITIONAL PURCHASE OFFER (IN GERMANY AND
LUXEMBOURG) TO HOLDERS OF CONVERTIBLE BOND 2015/2020 UNTIL
PRESUMABLY 15/06/2020
    * PROCEEDS FROM ISSUE OF 2020/2025 BOND ARE TO BE USED TO
REFINANCE 2015/2020 CONVERTIBLE BOND, FOR FURTHER CORPORATE
GROWTH AND TO STRENGTHEN LIQUIDITY OF PUBLITY GROUP

Source text for Eikon:  ID:nEQ30tmQTa 
Further company coverage:  PBYG.DE 

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