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BRIEF-Artemis to issue Kering convertible bonds at 102.25 pct of nominal value
September 19, 2017 / 12:20 PM / a month ago

BRIEF-Artemis to issue Kering convertible bonds at 102.25 pct of nominal value

Sept 19 (Reuters) - ARTEMIS:

* SUCCESSFULLY PLACES EUR 375 MILLION NONDILUTIVE CASH-SETTLED EXCHANGEABLE BONDS INTO EXISTING KERING SHARES DUE MARCH 2023‍​

* BONDS WILL BE ISSUED ON SEPTEMBER 22ND, 2017 AT 102.25% OF THEIR NOMINAL VALUE

* ANNUAL GROSS YIELD TO MATURITY OF -0.40%. Further company coverage: (Gdynia Newsroom:)

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