Brief: SGL Carbon SE Announces Launch Of EUR Denominated Senior Secured Notes Offering
01/04/2019 07:07
April 1 (Reuters) - SGL Carbon SE SGCG.DE :
* SGL CARBON SE ANNOUNCES LAUNCH OF EUR DENOMINATED SENIOR
SECURED
NOTES OFFERING
* INTENDS TO LAUNCH AN OFFERING OF EUR 250 MILLION AGGREGATE
PRINCIPAL AMOUNT OF SENIOR SECURED NOTES DUE 2024
* SGL CARBON PLANS TO USE THE PROCEEDS TO REPAY IN FULL THE
EXISTING SGL ACF LOAN RELATED TO THE BMW JOINT VENTURE AND TO
PAY RELATED COSTS AND EXPENSES
* OFFERING IS EXPECTED TO COMMENCE TODAY
Source text for Eikon: [https://tinyurl.com/y3blc3m9]
Further company coverage: SGCG.DE
(Reporting by Riham Alkousaa)
((Riham.Alkousaa@thomsonreuters.com;))