Article Tools

Intercell Issues Convertible Bond

Published: February 23, 2011; 00:15 · (Vindobona)

The Austrian pharmaceutical company Intercell starts offering of € 30.8m senior convertible debt financing.

Intercell Issues Convertible Bond / Picture: © Intercell

Intercell AG today announced the offering of € 30.8m of Senior Unsecured Convertible Notes. The Notes will be placed in a non-public offering to institutional investors through an accelerated overnight book-building process which starts today after market close and is expected to be completed on Wednesday, February 23, 2011.

The expected terms include a coupon of up to 6% per…

This article includes a total of 215 words.

or Log In