Eurosic: simplified tender offer approved by AMF.
(CercleFinance.com) - The AMF has approved of listed property investment company Eurosic's proposed simplified alternative tender offer (OPAS) that was filed by Deutsche Bank and Natixis on behalf of Gecina for the shares and subordinated bonds redeemable in shares (OSRA) issued in 2015 and 2016.
The offeror irrevocably undertakes to acquire all the shares it does not hold, at a price of 51 euros per share tendered (2017 coupon attached) or 23 Gecina shares to be issued (2017 coupon attached) for 64 OSRA tendered (2017 coupon attached).
The offer also concerns 369,244 OSRA, by giving the holder the option of 51 euros per OSRA tendered (2017 coupon attached) or 23 Gecina shares to be issued (2017 coupon attached) for 64 OSRA tendered (2017 coupon attached).
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The offeror irrevocably undertakes to acquire all the shares it does not hold, at a price of 51 euros per share tendered (2017 coupon attached) or 23 Gecina shares to be issued (2017 coupon attached) for 64 OSRA tendered (2017 coupon attached).
The offer also concerns 369,244 OSRA, by giving the holder the option of 51 euros per OSRA tendered (2017 coupon attached) or 23 Gecina shares to be issued (2017 coupon attached) for 64 OSRA tendered (2017 coupon attached).
Copyright (c) 2017 CercleFinance.com. All rights reserved.