Brief: Sporttotal AG resolves to issue a convertible bond

SPORTTOTAL AG

22/10/2021 18:24

Oct 22 (Reuters) - Sporttotal AG  WIGGk.DE :
    * DGAP-ADHOC: SPORTTOTAL AG RESOLVES TO ISSUE A CONVERTIBLE
BOND
    * SPORTTOTAL- BOARD RESOLVED TO ISSUE A CONVERTIBLE BOND OF
UP TO
EUR 6,973,000.00 WITH A TERM TO MATURITY OF 5 YEARS AND AN
INTEREST RATE OF 8.5 % P.A.
    * CONVERTIBLE BOND IS DIVIDED UP INTO UP TO 6,973 PARTIAL
DEBENTURES
    * CONVERTIBLE BOND IS EXPECTED TO BE SUBSCRIBED IN SEVERAL
TRANCHES, WITH 1,000 PARTIAL DEBENTURES BEING SUBSCRIBED IN
FIRST TRANCHE.

Source text for Eikon:  ID:nEQ1N22YRa 
Further company coverage:  WIGGk.DE 

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