Brief: TTL Information Technology Issues Convertible Bond

TTL Beteiligungs und Grundbesitz AG

13/12/2017 10:17

Dec 13 (Reuters) - TTL INFORMATION TECHNOLOGY AG  TTOG.F : 
    * ISSUES CONVERTIBLE BOND AGAINST CONTRIBUTION IN KIND 
    * CONVERTIBLE BONDS WITH A TOTAL NOMINAL VALUE OF 
9,035,000.00 
EUROS 
    * CONVERTIBLE BONDS HAVE A TERM OF FIVE YEARS 
    * AIM OF TRANSACTION IS TO EXPAND INDIRECT INVESTMENT IN GEG 
GERMAN ESTATE GROUP 
    * BONDS AVAILABLE FROM DECEMBER 20, 2017 AT 3.5% P.A. 
INTEREST 
    * FROM JULY 1, 2018, BONDS MAY BE CONVERTED AT INITIAL 
CONVERSION 
PRICE OF EUR 2.60 PER SHARE 
 
Source text for Eikon:  ID:nEQ9yL926a  
Further company coverage:  TTOG.F  
 
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