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Convertible bond issuance
Learn more about the convertible bond issuance.
Amadeus IT Group S.A has currently issued a convertible bond for an amount of €750 Million.
Key transaction terms
| Issuer | Amadeus IT Group, S.A. |
|---|---|
| ISIN | |
| Listing | Frankfurt Stock Exchange |
| Rating | Baaa2 (Negative) Moody's/BBB (Negative) S&P |
| Documentation | Base Prospectus |
| Status | Senior Unsecured |
| Issue size | Eur 750,000,000 |
| Settlement date | April 9, 2020 |
| Maturity date | April 5, 2025 |
| Coupon dates | Semi annually |
| Underlying shares | c. 13,736,264, represents 3.0% of the share capital after the increase of April2, 2020 |
| Reference Price | €39.0 |
| Coupon | 1.5% (Annual) |
| Initial Conversion Price | €54.60 |
| Conversion premium | 40% |
| Early redemption at the option of the issuer | The issuer will have the option to redeem all, but not some only, of the outstanding Bonds in cash at par plus accrued interest at any time, (a) if, on or after 30 April 2023, the 3 parity value for a specified period of time in respect of a Bond in the principal amount of €100,000 exceeds €130,000 or b) if, at any time, 80% or more of the aggregate principal amount of the Bonds originally issued shall have been previously converted and/or repurchased and cancelled. |