BUWOG (BWO): BUWOG AG: ad hoc release: Launch of a EUR 300 million 5-year Convertible Bond Offering - raport 31
UNI - EN REPORT No31/2016
The Management Board of BUWOG AG ("BUWOG" or the "Company") resolved today, with the consent of the Supervisory Board, to launch an offering of senior unsecured convertible bonds due 2021 (the "Bonds"), in an aggregate nominal amount of EUR 300 million (the "Offering") and a denomination of EUR 100,000 each. The Bonds will be convertible into no-par value bearer shares of BUWOG (the "Shares"). Pre-emptive rights of existing shareholders of BUWOG to subscribe to the Bonds have been excluded.