Immofinanz: Convertible Bond Raises Equity Base

Business › n.a. ♦ Published: October 8, 2011; 10:14 ♦ (Vindobona)

After the expiration of a convertible bond, the Austrian real estate company anticipates a substantial rise in equity.

Immofinanz: Convertible Bond Raises Equity Base / Picture: © Immofinanz

On 06 October 2011 the conversion period for the 7.00% Convertible Bonds 2009-2011 issued by Immofinanz AG ended. Holders of the CB 2011 converted nearly all of the CB 2011 into shares of Immofinanz AG.

Thus, Immofinanz AG has issued additional 45,854,915 shares to holders of the CB 2011 since 30 September 2011. Upon expiry of the conversion period only 49 of the CB 2011…

or Log In

Fast News Search
Related News
Upward Trend in CEE Real Estate Market (October 3, 2011)
New Chief Financial Officer for Immofinanz (September 30, 2011)
Drastic Decrease in Profits for Immofinanz Group (September 26, 2011)
Immofinanz Acquires Property in Warsaw (September 22, 2011)
Immofinanz 2011 Convertible Bond Conversion Period Ends October 6 (September 13, 2011)
Read More
Immofinanz, Bond Market, Equity Markets, Real Estate Industry, Property Market
Featured
See latest Vindobona Newsletter