(BFW) Dubreuil Family to Sell Bonds Exchangeable for Remy Shares


BFW 01/28 07:37 Remy Cointreau Doubles Size of Exec Committee as CEO Confirmed
BUS 01/28 07:30 New Governance at Rémy Cointreau
BN 01/28 07:30 *RÉMY COINTREAU INCREASES EXEC COMMITTEE FROM 6 TO 12
BN 01/28 07:30 *RÉMY COINTREAU CONFIRMS CHAPOULAUD-FLOQUET AS CEO
BN 01/28 07:30 *NEW GOVERNANCE AT RÉMY COINTREAU

Dubreuil Family to Sell Bonds Exchangeable for Remy Shares
2015-02-03 06:45:10.649 GMT


By David Whitehouse
(Bloomberg) -- ORPAR, a holding company controlled by the
Dubreuil family, said in a statement it will offer an initial
EU150M ($170M) of bonds exchangeable into Remy Cointreau shares.
* Sale can be increased to EU200M
* 80% of the proceeds will be used to purchase Remy Cointreau
shares on the market
* Bonds to have implied exchanged price of 27.5% to 32.5%
over the reference price of Remy Cointreau shares
* Bonds are due July 2019
* HSBC is global coordinator and bookrunner.


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To contact the reporter on this story:
David Whitehouse in Paris at +33-1-5365-5059 or
dwhitehouse1@bloomberg.net
To contact the editor responsible for this story:
David Whitehouse at +33-1-5365-5059 or
dwhitehouse1@bloomberg.net