IVG bond issue heavily oversubscribed

By A staff reporter 2007-02-14T00:00:00

German property company IVG Immobilien has raised EUR 400 mln from a convertible bond issue in a move to finance further expansion. The bonds were priced with a coupon of 1.75% and a conversion premium of 30% to the reference price of EUR 35.5560, implying a conversion price of EUR ...

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