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BRIEF-Deutsche Wohnen places 800 mln euros new convertible bonds
February 21, 2017 / 10:22 PM / 6 months ago

BRIEF-Deutsche Wohnen places 800 mln euros new convertible bonds

Feb 21 (Reuters) - Deutsche Wohnen

* Successfully places eur 800 million new convertible bonds and cash capital increase with gross proceeds of c. Eur 545 million

* New convertible bonds initially convertible into about 16.5 million new or existing ordinary no-par value bearer shares of co

* New convertible bonds issued at 100 % of nominal value, with a 0.325 % coupon; initial conversion price amounts to eur 48.5775

* Also increased its registered share capital by about 5.1 %, from eur 337,480,450 to eur 354,654,560 Source text for Eikon: Further company coverage:

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