New York, March 11 - Euromedis Groupe said it priced €4.698 million convertible bonds to yield 4.75%. The bonds convert into stock at €19.00.
Invest Securities was the financial adviser.
Euromedis said the offering will improve its financial strength.
Euromedis is a Neuilly-sous-Clermont, France, medical products maker and retailer.
| Issuer: | Euromedis Groupe
|
| Issue: | Convertible bonds
|
| Amount: | €4.698 million
|
| Maturity: | Aug. 1, 2010
|
| Coupon: | 4.75%
|
| Price: | Par of €19.00
|
| Yield: | 4.75%
|
| Conversion price: | €19.00
|
| Pricing date: | March 10
|
| Settlement date: | March 22
|
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