publity AG: publity AG subscribes for additional bonds with a nominal value of EUR 40.0 million of the 7.50 % convertible bond of PREOS Real Estate AG.
DGAP-News: publity AG
/ Key word(s): Bond/Miscellaneous
Press release publity AG subscribes for additional bonds with a nominal value of EUR 40.0 million of the 7.50 % convertible bond of PREOS Real Estate AG. Frankfurt am Main, 09.10.2020 - publity AG (Scale, ISIN DE0006972508) has subscribed for additional partial debentures of the 7.50 % convertible bond of its subsidiary PREOS Real Estate AG (in future: PREOS Global Office Real Estate & Technology AG, "PREOS", ISIN DE000A2LQ850) with a nominal value of EUR 40.0 million. publity AG thus holds partial debentures of the PREOS convertible bond with a current nominal value of approximately EUR 142.2 million. The outstanding volume of the 7.50 % convertible bond (ISIN DE000A254NA6) now increases to a nominal value of EUR 179.4 million. Overall, the PREOS convertible bond has a maximum volume of EUR 300 million. Stephan Kunath, CFO, publity AG, comments: "As the majority shareholder of PREOS Real Estate AG, we are pleased to be able to provide our subsidiary with additional funds by subscribing to the convertible bond. This enables PREOS to continue its dynamic growth course, from which we will also benefit". Press contact: About publity
09.10.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | publity AG |
Opernturm, Bockenheimer Landstraße 2-4 | |
60306 Frankfurt am Main | |
Germany | |
Phone: | 0341 26178710 |
Fax: | 0341 2617832 |
E-mail: | info@publity.de |
Internet: | www.publity.de |
ISIN: | DE0006972508, DE000A169GM5 |
WKN: | 697250, A169GM |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Dusseldorf, Frankfurt (Scale), Hamburg, Stuttgart, Tradegate Exchange |
EQS News ID: | 1139980 |
End of News | DGAP News Service |
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1139980 09.10.2020