CWB Issues €850M Bonds
CWB issues €850M senior unsecured convertible bonds due June 2031
Bonds were upsized from a previously announced €750M aggregate principal amount and were offered through an accelerated bookbuilding process to institutional investors outside the US under Regulation S. 875% annual yield to maturity if not converted. 7826. - - Settlement is expected on or around June 30th, with planned inclusion to trading on the Open Market segment of the Frankfurt Stock Exchange.
- - Net proceeds are intended for general corporate purposes including debt refinancing.