Immofinanz Repays € 77.6m in Convertible Bonds

Businessn.a. ♦ Published: January 11, 2012; 15:55 ♦ (Vindobona)

The Austrian real estate group announces the end of the put period for premature redemption of the 2014 convertible bond.

Immofinanz Repays € 77.6m in Convertible Bonds / Picture: © Immofinanz

The put period for premature redemption of the 2.75% convertible bond 2007-2014 issued by Immofinanz AG ended on 9 January 2012. The put registrations will take effect on 19 January 2012.

Bondholders have registered 776 CB 2014 certificates (nominal value € 100,000.- per convertible bond certificate) for redemption. The total amount of EUR 77.6 million plus interest will be…