May 23, 2017 / 1:37 PM / 2 months ago

BRIEF-GN Store Nord places EUR 225 mln convertible bond offering

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May 23 (Reuters) - GN STORE NORD

* GN STORE NORD SUCCESSFULLY PLACES EUR 225 MILLION ZERO COUPON CONVERTIBLE BOND OFFERING CONSISTING OF BOND WITH WARRANT UNITS

* Zero Coupon Bond With a Five-Year Maturity

* Net Proceeds to Be Used for General Corporate Purposes

* INITIAL STRIKE PRICE OF DKK 269.4609 REPRESENTING A PREMIUM OF 40% ABOVE VOLUME-WEIGHTED AVERAGE PRICE OF SHARES Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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