Vonovia falls in early Frankfurt trade after convertible bond offering
23/06/2026 07:10
BUZZ-Vonovia falls in early Frankfurt trade after convertible bond offering ** Germany's Vonovia VNAn.DE falls around 2.5% in early Frankfurt trade after it launched on Tuesday an offering of convertible bonds in an aggregate amount of €750 million ($856.88 million)
** The real estate group said the bonds will bear no periodic interest and intends to use the net proceeds for general corporate purposes including debt refinancing
** The stock is down around 15% YTD
($1 = 0.8753 euros)
(Reporting by Emanuele Berro)
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Vonovia falls in early Frankfurt trade after convertible bond offering