September 30, 2016 / 1:21 PM / a year ago

BRIEF-Umweltbank plans to issue new CoCo bond

Sept 30 (Reuters) - Umweltbank AG :

* Plans to issue a new conditional mandatory convertible bond (CoCo bond)

* Aims to exchange existing CoCo-bond

* Plans to issue CoCo bond in amount of up to 40 million euros ($44.78 million) Source text for Eikon: Further company coverage: ($1 = 0.8933 euros) (Gdynia Newsroom)

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