Successful private placement of € 125 million Convertible bonds by Greenyard Group

Greenyard NV announced the successful placement by FieldLink NV, a wholly-owned subsidiary of Greenyard, of the issue of € 125,000,000 senior unsecured, guaranteed, convertible bonds due 2021, guaranteed by Greenyard NV and convertible into newly issued ordinary shares of Greenyard NV.

Degroof Petercam acted as joint bookrunner of the transaction.

The coupon is a fixed interest rate of 3.75% p.a., payable on a half-yearly basis starting June 22nd  2017.

The conversion price of the convertible bonds, which have denominations of € 100,000, has been set at EUR 17.43, representing a premium of 25% of the volume weighted average price of Greenyard’s shares on Euronext Brussels between opening and closing of the market on December 8th 2016. The convertible bond offering was executed through an accelerated bookbuilding procedure.  The convertible bonds have been offered solely to institutional investors. 

For more information on the convertible bonds, please refer to following press release issued by Greenyard NV

Contact us
Alexandra Niehe Head of corporate communications
Thomas Van Rompuy Senior Executive Advisor - media relations, economics, Bank Degroof Petercam
Alexandra Niehe Head of corporate communications
Thomas Van Rompuy Senior Executive Advisor - media relations, economics, Bank Degroof Petercam
About Degroof Petercam Belgium

Degroof Petercam is a reference financial institution with a history dating back to 1871. As an independent group owned by family shareholders with a long term commitment, we serve private and institutional investors.

Our clients benefit from a unique combination of services in private banking, institutional asset management , investment banking (corporate finance and financial intermediation) and asset services. The total clients assets (under management, under administration and in custody), double counting excluded, amount to more than 63 billion euro.

Headquartered in Brussels, we employ more than  1 400 professionals through offices in Belgium, Luxembourg, France, Switzerland, Spain, The Netherlands, Germany and Italy.

Degroof Petercam Belgium
Brussels
Rue de l'Industrie | Nijverheidsstraat 44
1040 Brussels
België