Brief: TAG Immobilien Places EUR 332 Mln Convertible Bonds

TAG Immobilien AG

04/03/2025 14:45

March 4 (Reuters) - TAG IMMOBILIEN AG TEGG.DE:

SUCCESSFULLY PLACED EUR 332 MILLION CONVERTIBLE BONDS

NET PROCEEDS FROM ISSUE OF BONDS WILL BE USED FOR GENERAL CORPORATE PURPOSES

INITIAL CONVERSION PRICE SET AT EUR 18.94

BONDS SETTLEMENT EXPECTED ON OR AROUND 11TH MARCH 2025

BONDS TO BE LISTED ON FRANKFURT STOCK EXCHANGE WITHIN 3 MONTHS

BONDS CONVERTIBLE INTO SHARES REPRESENTING 10% OF SHARE CAPITAL

Source text: ID:nEQbVZZQwa

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