News
10/25/2021
Deutsche Wohnen SE: Notice to the Holders: 800,000,000 EUR 0.325% Convertible Bonds due 2024 issued by Deutsche Wohnen AG (now Deutsche Wohnen SE)
Deutsche Wohnen SE
/ Key word(s): Bond
Notice to the Holders: 800,000,000 EUR 0.325% Convertible Bonds due 2024 issued by Deutsche Wohnen AG (now Deutsche Wohnen SE) (the "Issuer") ISIN DE000A2BPB84, Common Code 150315298, German Securities Code (WKN) A2BPB8 (the "Bonds") Terms not otherwise defined in this notice shall have the meaning given to them in the terms and conditions of the Bonds (the "Terms and Conditions"). Berlin, 25. October 2021. As result of less than 20% of the aggregate Principal Amount issues remains outstanding Deutsche Wohnen SE hereby announces that it will exercise its right of Early Redemption in relation to the 0.325% EUR 800 million convertible bonds due 2024 (ISIN DE000A2BPB84), issued in February 2017, pursuant to § 6 (2) of the Terms and Conditions of the Bonds. The termination becomes effective on 6 December 2021 which will be the Call Redemption Date as defined in the Terms and Conditions of the Bonds. As a reminder, the Conversion Right pursuant to § 7 (1) of the Terms and Conditions terminates on 19 November 2021. To the extent that the holders of the convertible bonds do not exercise their conversion right on or before 19 November 2021, the convertible bonds will be redeemed on 6 December 2021 (Call Redemption Date) at their Principal Amount plus accrued interest to the day immediately preceding the Call Redemption Date. Important Notice This publication is neither an offer to sell nor a solicitation to buy securities. To the extent that this document contains forward-looking statements, these are not facts and are recognisable by such words as 'will', 'expect', 'believe', 'estimate', 'intend', 'endeavour', 'assume' and similar expressions. These statements express the intentions, opinions or current expectations and assumptions of Deutsche Wohnen and the individuals acting in concert with it. The forward-looking statements are based on current plans, estimates and forecasts that Deutsche Wohnen and the individuals acting in concert with it have made to the best of their knowledge, but do not make any claims as to their future accuracy. Forward-looking statements are subject to risks and uncertainties that are generally difficult to predict and are usually not within the control of Deutsche Wohnen or the individuals acting in concert with it. It should be remembered that the actual results or consequences may differ considerably from those mentioned or contained in the forward-looking statements. Contact: Phone +49 (0)30 897 86-5413 Fax +49 (0)30 897 86-5419 ir@deutsche-wohnen.com
25.10.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Deutsche Wohnen SE |
Mecklenburgische Straße 57 | |
14197 Berlin | |
Germany | |
Phone: | +49 (0)30 89786-5413 |
Fax: | +49 (0)30 89786-5419 |
E-mail: | ir@deutsche-wohnen.com |
Internet: | https://www.deutsche-wohnen.com |
ISIN: | DE000A0HN5C6 |
WKN: | A0HN5C |
Indices: | DAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1243242 |
End of News | DGAP News Service |
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1243242 25.10.2021