Wendel says greenshoe exercised on Cap Gemini exchangeable, increasing size to €279.02 million

New York, May 28 - Wendel Investissement said underwriters of its recent offering of bonds exchangeable for Cap Gemini SA stock exercised the over-allotment option, increasing the size of the deal to €279.02 million.

Wendel originally sold €215.118 million of the exchangeables on May 22, pricing them at par to yield 2.0% with a 45% initial conversion premium. It was boosted at pricing from €240 million.

The deal came via joint lead managers Societe Generale and BNP Paribas.

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