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conwert Issues New Convertible Bonds

Published: August 30, 2012; 16:17 · (Vindobona)

conwert Immobilien Invest SE , a company listed on the Vienna Stock Exchange, has initiated a two-step transaction with the aim of reducing its leverage and extending the maturity profile of its debt.

conwert Issues New Convertible Bonds / Picture: © Conwert

The transaction comprises an invitation by conwert to the holders of its outstanding 1.50% convertible bonds due 2014 to tender any and all of their bonds for cash. At the same time, conwert is launching an offering of senior convertible bonds in an aggregate principal amount of 80 million € due 2018.

The invitation is being made in accordance…

This article includes a total of 387 words.

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