Brief: Santhera Launches Exchange Offer For CHF 60 Million Convertible Bonds

Santhera Pharmaceuticals Holding AG

25/03/2021 06:11

March 25 (Reuters) - SANTHERA PHARMACEUTICALS HOLDING AG
 SANN.S :
    * LAUNCHES EXCHANGE OFFER FOR ITS CHF 60 MILLION CONVERTIBLE
BONDS
    * OFFER TO EXCHANGE ITS OUTSTANDING CHF 60 MILLION 5%
CONVERTIBLE
BONDS DUE 2022
    * WISHES TO ENABLE HOLDERS OF 2017/22 BONDS TO EXCHANGE
THEIR
2017/22 BONDS ON A VOLUNTARY BASIS ON SAME ECONOMIC TERMS
    * IN EXCHANGE FOR EACH 2017/22 BOND WITH A NOMINAL VALUE OF
CHF
5,000, SANTHERA OFFERS
    * 26 SHARES OF SANTHERA AND
    * ONE NEW 7.5% CONVERTIBLE BOND DUE ON AUGUST 17, 2024 WITH
A
NOMINAL VALUE OF CHF 3,375 AND A SIGNIFICANTLY REDUCED
CONVERSION PRICE

Source text for Eikon:  ID:nNDL98ymq9 
Further company coverage:  SANN.S 

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