May 29, 2018 / 5:13 AM / in 7 months

BRIEF-Peach Property Group Issues Hybrid Warrant Bond

May 29 (Reuters) - PEACH PROPERTY GROUP AG:

* ISSUE OF A HYBRID WARRANT BOND

* ISSUE VOLUME OF CHF 50M WITH A POSSIBILITY TO INCREASE TO A MAXIMUM OF CHF 100M

* INTEREST COUPON AT 1.75 % P. A. THROUGH JUNE 2023

* SUBSCRIPTION PERIOD FOR EXISTING SHAREHOLDERS FROM 4 TO 15 JUNE 2018

* WITH EACH BOND WITH NOMINAL VALUE OF CHF 1,000, BOND HOLDER RECEIVES 4 WARRANTS TO BUY CO'S REGISTERED SHARES

* EACH WARRANT ENTITLES HOLDER TO SUBSCRIBE TO 1 REGISTERED SHARE AT EXERCISE PRICE OF CHF 25.00

* FUNDS ARE USED FOR FURTHER EXTENSION OF REAL ESTATE PORTFOLIO AND REDEMPTION OF LIABILITIES 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