BDT Media conducts exchange offer for 8% bonds due 2024

Chicago, Oct. 30 – BDT Media Automation GmbH is offering to exchange its €3.8 million outstanding 8% bonds due 2024 (ISIN: DE000A2E4A94), according to a notice.

Noteholders who choose to exchange their bonds will receive on a one-to-one basis new 11½% green bonds due 2028 and an additional €20. Exchanging noteholders will also receive accrued interest.

The exchange offer runs from Oct. 30 to 1 p.m. ET on Nov. 22.

The company is also conducting a public offer for the new bonds and plans to also privately place a portion of the bonds, with the entire new issue capped at €15 million.

Rottweil, Germany-based BDT develops and manufactures data storage systems and provides solutions for printing and automation technology.

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