February 26, 2018 / 6:30 AM / 4 months ago

BRIEF-Ams Launches EUR 600 Mln 7-Yr Zero-Coupon Convertible Bond Placement

Feb 26 (Reuters) - Ams AG:

* LAUNCHES EUR 600 MILLION 7-YEAR ZERO-COUPON CONVERTIBLE BOND PLACEMENT

* BONDS WILL HAVE A MATURITY OF 7 YEARS, WILL BE ISSUED BETWEEN 101.5% AND 107.0% OF THEIR PRINCIPAL AMOUNT

* BONDS WILL BE CONVERTIBLE INTO NEW ORDINARY NO PAR VALUE BEARER SHARES FROM COMPANY'S CONDITIONAL CAPITAL

* WILL BE OFFERED WITH A CONVERSION PREMIUM OF 45% ABOVE REFERENCE SHARE PRICE

* SHARES WILL REPRESENT APPROXIMATELY 5.1% OF CURRENT OUTSTANDING SHARE CAPITAL Source text for Eikon: Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below