PRESS RELEASE: Drillisch AG prices and issues convertible bonds

DGAP-News: Drillisch AG / Key word(s): Issue of Debt/Bond Drillisch AG prices and issues convertible bonds

05.12.2013 / 16:31

=--------------------------------------------------------------------

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA, CANADA AND JAPAN OR ANY JURISDICTION IN WHICH OFFERS OR SALES OF THE SECURITIES WOULD BE PROHIBITED BY APPLICABLE LAW This press release is an advertisement and not a prospectus and not an offer of securities for sale to U.S. persons or in any jurisdiction, including in or into the United States, Canada and Japan or any jurisdiction in which offers or sales of the securities would be prohibited by applicable law. Neither this press release nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction.

Press release

Drillisch AG prices and issues convertible bonds

Issue size: EUR 100 million

Coupon: 0.75%

Conversion price: EUR 28.2869

Maintal, December 5, 2013 - Drillisch AG ('Drillisch' or the 'Company') successfully placed EUR 100 million of senior, unsecured convertible bonds due 2018 (the 'Bonds'), convertible into shares of the Company with international institutional investors outside of the US only. The issuance was multiple times oversubscribed.

See the rest here:
PRESS RELEASE: Drillisch AG prices and issues convertible bonds

Related Posts

Comments are closed.