E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers N > Headlines for Novavest Real Estate AG > News item
Published on 5/15/2015 in the Prospect News Convertibles Daily.

Novavest Real Estate plans up to CHF 14 million mandatory convertibles

By Marisa Wong

Madison, Wis., May 15 – Novavest Real Estate AG announced it plans to issue up to CHF 14 million of mandatory convertible bonds.

The issuance will help further expand the company’s real estate portfolio and provide short-term financing for acquisition projects, according to a press release.

The convertibles are subject to shareholders’ approval at an upcoming extraordinary general meeting.

The real estate company is based in Zurich.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.