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Germany - Linklaters Advises Banking Syndicate On Successful Placement Of Convertible Bonds By K+S Aktiengesellschaft.
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Germany - Linklaters Advises Banking Syndicate On Successful Placement Of Convertible Bonds By K+S Aktiengesellschaft.
Linklaters has advised the banking consortium on the successful placement of convertible bonds by K+S Aktiengesellschaft with an aggregate principal amount of €320 million. The bonds mature in 2031, bear interest at a rate of 0.625% per annum and are convertible into K+S shares. The company intends to use the net proceeds to finance the recently announced acquisition of Qemetica’s salt business, for general corporate purposes and to optimise it…
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