27472 Cuxhaven, de
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Plambeck Neue Energien AG completely redeems 2004/2009 convertible bond
Original total par value of 23,5 mill. Euro / Outstanding residue to the amount of 16.3 mill. Euro punctually and completely redeemed
The convertible bond issued in March 2004 had borne interest at 6 per cent during its term, the conversion price had been 3.75 Euro. As early as the previous fiscal year, Plambeck Neue Energien AG had anticipated the complete redemption of the convertible bond for reasons of precaution and had formed a corresponding liquidity reserve for this purpose.
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