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BFW 10/20 15:49 *BMW PREFERRED SHARES OFFERED IN BOOKBUILD BY UBS: TERM SHEET
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BMW Preferred Shares Offered in Bookbuild by UBS, Terms Show 2014-10-20 15:55:13.374 GMT
By Ruth David Oct. 20 (Bloomberg) -- Bestinver Gestion selling 3.33m preferred shares in BMW in accelerated bookbuild, according to term sheet obtained by Bloomberg News. * Equivalent to 0.5% of total outstanding shrs * Offered at between EU60 and market price; pfd stock closed at EU62.93 today * UBS sole bookrunner Link to Company News:{BMW GR <Equity> CN <GO>}
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To contact the reporter on this story: Ruth David in London at +44-20-3525-8095 or rdavid9@bloomberg.net
To contact the editor responsible for this story: James Ludden at +44-20-7673-2645 or jludden@bloomberg.net