DGAP-News: PREOS Real Estate AG: Increase of the 7.50% convertible bond to EUR 179.4 million to finance growth.
DGAP-News: PREOS Real Estate AG
/ Key word(s): Bond
Press Release PREOS Real Estate AG: Increase of the 7.50% convertible bond to EUR 179.4 million to finance growth. Leipzig, 09.10.2020 - PREOS Real Estate AG (in future: PREOS Global Office Real Estate & Technology AG, "PREOS", ISIN DE000A2LQ850) has placed an additional tranche of its 7.50% convertible bond (2019/2024, ISIN DE000A254NA6). Bonds with a nominal value of EUR 40.0 million were subscribed by publity AG, which holds an 86 % stake in PREOS. The outstanding volume of the PREOS convertible bond increases to a nominal Euro 179.4 million. In total, the convertible bond has a maximum volume of EUR 300 million. PREOS will use the funds for the further strategic growth of the company.
09.10.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | PREOS Real Estate AG |
Landsteinerstraße 6 | |
04103 Leipzig | |
Germany | |
Phone: | 0341 261787790 |
E-mail: | [email protected] |
Internet: | www.preos.de |
ISIN: | DE000A2LQ850 |
WKN: | A2LQ85 |
Listed: | Regulated Unofficial Market in Frankfurt, Munich |
EQS News ID: | 1139989 |
End of News | DGAP News Service |
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1139989 09.10.2020