Brief: Docmorris Launches Approx. CHF 200 Million Convertible Bonds Due 2029

DocMorris AG

17/04/2024 16:55

April 17 (Reuters) - DOCMORRIS AG  DOCM.S :
    * DOCMORRIS LAUNCHES APPROX. CHF 200 MILLION CONVERTIBLE
BONDS DUE
2029
    * COMPANY INTENDS TO REFINANCE THE OUTSTANDING CHF122M
CONVERTIBLE
BOND DUE IN MARCH 2025
    * THE COMBINED TRANSACTION WILL PROVIDE CO WITH ADDITIONAL
HEADROOM TO FURTHER SUPPORT ITS STRATEGY WHILE MANAGING
CAREFULLY THE OVERALL DILUTION FOR EXISTING SHAREHOLDERS
    * TENDER OFFER PURCHASE PRICE IS EXPECTED TO BE CHF 5,037.50
PER
BOND CORRESPONDING TO 100.75% OF THE PAR VALUE, PLUS ACCRUED AND
UNPAID INTEREST.
    * TENDER OFFER PERIOD IS EXPECTED TO COMMENCE ON 06 MAY 2024
AND
EXPIRE ON 13 MAY 2024 AT 4:00PM CEST

Source text for Eikon:  ID:nEQ1kNYnSa 
Further company coverage:  DOCM.S 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))