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Published on 1/19/2016 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Pro Kapital Grupp extends 7% convertibles by two years to 2018

By Angela McDaniels

Tacoma, Wash., Jan. 19 – AS Pro Kapital Grupp prolonged the redemption date of €1,058,596 7% convertible bonds, series PKG2, by two years to Jan. 20, 2018, according to a company news release.

Another €11,855.20 of the convertibles will be redeemed rather than extended at the request of the holder.

The issue price of each convertible is €2.80.

Pro Kapital Grupp is a Tallinn, Estonia-based real estate development company.


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