May 28, 2024 08:23 GMT
CityCon: Hybrid Exchange
CREDIT SUPPLY
CityCon (CITCON perp: Ba3u / BB) : Hybrid Exchange offer
CityCon are offering holders of CITCON 4.496 perpCall25 to exchange into
- New PerpNC5 with 7.875% coupon and receive 4.75% Cash.
- The existing bond will step to EUSA5 + 4.711 = 7.643% approx. in February.
- The offer is subject to receiving EUR 150m in participation.
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