Amer Group purchase of its own bonds
1998-09-04, 01:00
Amer Group today purchased USD 2.7 million of the convertible subordinated bonds issued in 1993, representing 121,414 Amer Group A shares. The current amount of the loan outstanding is USD 73.75 million. In total, Amer has now repurchased USD 17.7 million convertible subordinated bonds, representing 795,930 Amer Group A shares.
According to the terms of the bonds, all bonds purchased by Amer may not be reissued or resold. According to the Companies Act, these bonds may not be converted into shares.
According to the terms of the bonds, all bonds purchased by Amer may not be reissued or resold. According to the Companies Act, these bonds may not be converted into shares.
AMER GROUP PLC Communications Department Marja-Leena Simola Vice President, Communications Tel. +358 9 7257 8306 Fax +358 9 791 385 E-mail: marja-leena.simola@amer.fi For further information, please contact:
Mr. Pekka Paalanne, Se
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