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Warimpex to launch a Private Placement of Convertible Bonds

Published: April 20, 2011; 10:12 · (Vindobona)

The Austrian real estate company intends to issue convertible bonds amounting to € 29.73m at the Warsaw Stock Exchange in order to "enhance financial flexibility".

Warimpex to launch a Private Placement of Convertible Bonds / Picture: © Flickr

Warimpex resolved to launch a private placement of convertible bonds. The convertible bonds shall grant the right of conversion into or subscription of up to 9,000,000 bearer shares of the company. Based on yesterday's closing price on the Warsaw Stock Exchange of PLN 10.48, the aggregate nominal value of the bonds shall amount to approximately PLN 118m (€ 29.73m),…

This article includes a total of 274 words.

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