Aperam Launches Max $300m 7Y Convertible Bond
2014-06-27 08:14:37.122 GMT
By Tom Freke
June 27 (Bloomberg) -- Proceeds of net share settled
convertible and/or exchangeable bonds to be used for general
corporate purposes including refinancing senior notes maturing
2016, according to a statement.
* Initial size: $250m, which may be increased by co.
* Expected coupon: 0.25% to 1%
* Initial conversion premium: 30% to 35% over the volume-
weighted average price of co. shares between launch and
pricing
* Issue price: par
* Final terms due to be announced today
Link to Company News:APAM NA <Equity> CN <GO>
For Related News and Information:
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First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Tom Freke in London at +44-20-3525-8153 or
tfreke@bloomberg.net
To contact the editors responsible for this story:
James Holloway at +1-212-617-4454 or
jholloway8@bloomberg.net
Leo Laikola
2014-06-27 08:14:37.122 GMT
By Tom Freke
June 27 (Bloomberg) -- Proceeds of net share settled
convertible and/or exchangeable bonds to be used for general
corporate purposes including refinancing senior notes maturing
2016, according to a statement.
* Initial size: $250m, which may be increased by co.
* Expected coupon: 0.25% to 1%
* Initial conversion premium: 30% to 35% over the volume-
weighted average price of co. shares between launch and
pricing
* Issue price: par
* Final terms due to be announced today
Link to Company News:APAM NA <Equity> CN <GO>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Tom Freke in London at +44-20-3525-8153 or
tfreke@bloomberg.net
To contact the editors responsible for this story:
James Holloway at +1-212-617-4454 or
jholloway8@bloomberg.net
Leo Laikola