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WIG1 — SPORTTOTAL AG News Story

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Brief: Sporttotal To Issue Convertible Bond

Oct 22 (Reuters) - SPORTTOTAL AG  WIGGk.DE :
    * DECIDES TO ISSUE A CONVERTIBLE BOND
    * APPROVED THE ISSUANCE OF A CONVERTIBLE BOND OF UP TO EUR
6,973,000.00 WITH A TERM OF FIVE YEARS AND AN INTEREST RATE OF
8.5 % P.A.
    * CONVERTIBLE BOND IS DIVIDED INTO UP TO 6,973 PARTIAL
DEBENTURES,
EACH OF WHICH IS EACH ENTITLING THE HOLDER TO SUBSCRIBE FOR
1,000 NEW SHARES IN THE COMPANY SHARES
    * BONDS WILL BE OFFERED FOR ACQUISITION TO QUALIFIED
INSTITUTIONAL
INVESTORS BY PRIVATE PLACEMENT

Source text for Eikon:  ID:nEQc0T8Vma 
Further company coverage:  WIGGk.DE 

 (Gdansk Newsroom)
 ((Gdansk.Newsroom@thomsonreuters.com;))

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