Saturday
21 April 2018
ADVERTS

MIG Holding issues €460M convertible bond

11 July 17 - RE+D Magazine
MIG Holding issues €460M convertible bond

COMPANIES

PEOPLE

A MIG Holding SA repeat general shareholders' meeting on Monday approved a board plan to issue a convertible bond loan up to 460,302,000 euros through a private placement and abolishment of existing shareholders' rights.

 

Under the plan approved by the shareholders' meeting, MIG will issue up to 1,534,340,000 bonds, of a nominal value of 0.30 euros each, convertible into shares.

The four-year bond will carry an interest of 12-month Euribor plus 4.0 pct. Bondholders will be able to request conversion of their bonds into shares after 12 months.

The new convertible bond loan will be listed for trading in the Athens Stock Exchange.

Comments

You must be logged in to make a comment
WAVE MEDIA OPERATIONS IKE © 2001-2017
Internet Business Hellas