Rocket Internet makes clean-up call for 3% convertible notes due 2022

By Susanna Moon

Chicago, July 19 – Rocket Internet SE said it will redeem its outstanding €550 million 3% convertible notes due 2022 on Sept. 4.

Rocket is exercising its early redemption option because the outstanding amount is less than 15% of the bonds originally issued, according to a company notice.

The notes will be redeemed at par plus accrued interest.

Berlin-based Rocket is a European e-commerce company.

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