Edition:
United Kingdom

Biocartis Announces Placement Of Senior Unsecured Convertible Bonds


Thursday, 2 May 2019 

May 2 (Reuters) - BIOCARTIS GROUP NV ::REG-BIOCARTIS GROUP NV: BIOCARTIS ANNOUNCES SUCCESSFUL PLACEMENT OF EUR 150 MILLION SENIOR UNSECURED CONVERTIBLE BONDS DUE 9 MAY 2024.BONDS SHALL BEAR A COUPON OF 4.00% PER ANNUM.CONVERSION PRICE WILL BE SET AT A 25.00% PREMIUM ABOVE REFERENCE PRICE.CLOSING AND SETTLEMENT OF THE OFFERING ARE EXPECTED TO OCCUR ON 9 MAY 2019. 

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