DGAP-News: IMMOFINANZ AG confirms the successful placement of its 2% Convertible Bonds 2024 with a final issue volume of EUR 297.2 million and announces an acceptance quota of 43.4% with respect to the incentiviced conversion invitation of its outstanding 4.25% EUR 515.1 million Convertible Bonds 2018
DGAP-News: IMMOFINANZ AG / Key word(s): Real Estate/Real Estate
IMMOFINANZ AG confirms the successful placement of its 2% Convertible Bonds 2024 with a final issue volume of EUR 297.2 million and announces an acceptance quota of 43.4% with respect to the incentiviced conversion invitation of its outstanding 4.25% EUR 515.1 million Convertible Bonds 2018
20.01.2017 / 11:19
The issuer is solely responsible for the content of this announcement.
Corporate News
Vienna, 20 January 2017
NOT FOR RELEASE, PUBLICATION, DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR
INTO THE USA, AUSTRALIA, CANADA OR JAPAN
IMMOFINANZ AG confirms the successful placement of its 2% Convertible Bonds
2024 with a final issue volume of EUR 297.2 million and announces an
acceptance quota of 43.4% with respect to the incentiviced conversion
invitation of its outstanding 4.25% EUR 515.1 million Convertible Bonds
2018
? The final issue volume of the 2% convertible bonds 2024 was set at EUR
297.2 million
? The outstanding volume of the 4.25% Convertible Bonds 2018 will be
reduced to EUR 287.3 million
? No claw back in relation to the 2% convertible bonds 2024
On the expiration date, 19 January 2017, 7 p.m. CET, of the incentivized
conversion invitation of the company dated 12 January 2017, holders
representing a volume 43.4% of the outstanding 4.25% EUR 515.1 million
senior unsecured convertible bonds due 2018, ISIN XS0592528870, have been
submitted in offers to the company. All of these offers will be accepted by
the company.
The final issuance volume of the 2% convertible bonds 2024 which were
already priced by the company amounts to EUR 297.2 million. A claw back in
relation to the 2% convertible bonds 2024 will not occur; instead, the
Joint Bookrunners, Deutsche Bank, London Branch and J.P. Morgan, will make
necessary adjustments.
Closing will take place on or around 24 January 2017.
Disclaimer
This announcement does not contain nor constitutes an offer of, or the
solicitation of an offer to buy or subscribe for, securities to any person
in the United States, Australia, Canada, Japan or in any jurisdiction to
whom or in which such offer or solicitation is unlawful.
This release is not an offer of securities for sale in the United States of
America. Securities may not be offered or sold in the United States of
America absent registration or an exemption from registration under the
U.S. Securities Act of 1933, as amended. Any public offering of securities
to be made in the United States of America would be made by means of a
prospectus that could be obtained from the Company and would contain
detailed information about the Company and management, as well as financial
statements. There will be no public offer of securities in the United
States of America.
The securities referred to herein may not be offered or sold in Australia,
Canada or Japan or to, or for the account or benefit of, any national,
resident or citizen of Australia, Canada or Japan.
20.01.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
IMMOFINANZ AG
Wienerbergstraße 11
1100 Wien
Austria
Phone:
+43 (0) 1 88090 - 2290
Fax:
+43 (0) 1 88090 - 8290
E-mail:
investor@immofinanz.com
Internet:
http://www.immofinanz.com
ISIN:
AT0000809058
WKN:
911064
Listed:
Regulated Unofficial Market in Berlin, Munich, Stuttgart; Open Market in Frankfurt ; Warschau, Wien (Amtlicher Handel / Official Market)
End of News
DGAP News Service
537969 20.01.2017