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DO & CO Announces Early Redemption of Convertible Bonds

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DO & CO Announces Early Redemption of Convertible Bonds

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DO & CO Aktiengesellschaft ( (GB:0E64) ) has issued an announcement.

DO & CO Aktiengesellschaft has announced the early redemption of its 1.75% convertible bonds, originally due in 2026, with a principal amount of EUR 100 million. As most of these bonds have already been converted into shares, the company will redeem the remaining outstanding bonds, totaling EUR 500,000, on March 21, 2025. This move reflects the company’s financial strategy and may impact its stakeholders by streamlining its financial commitments.

More about DO & CO Aktiengesellschaft

YTD Price Performance: 7.71%

Average Trading Volume: 3,074

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €2.11B

For a thorough assessment of 0E64 stock, go to TipRanks’ Stock Analysis page.

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