All material subject to strictly enforced copyright laws. © 2021 Euromoney Institutional Investor PLC group
Equity

Conwert sells €80m CB at wides to fund tender offer

Conwert Immobilien Invest, a €750m market capitalisation Austrian property developer active in central Europe, sold the first convertible bond in Europe since June. As with the last deal — for Germany’s TAG Immobilien — it was priced at the wide end of guidance as the small size gave it little traction with the usual equity-linked investor base.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree