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Immofinanz: Convertible Bond Raises Equity Base
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…
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