Deutsche Post bond issue to bring in 1.08bn euros
Deutsche Post, the German postal service operator, is reported to have exercised fully the surplus allocation option for the three-year bond convertible into shares in its subsidiary Deutsche Postbank. This represents an additional 98.3m euros, bringing the total income from the bond issue to 1.08bn euros.
The underlying volume of securities now amounts to 27.5 million Deutsche Postbank shares, it is reported.
Abstracted from Financial Times Deutschland
