DGAP-News: CANCOM SE successfully places EUR 45 million convertible bonds

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| Source: EQS Group AG
DGAP-News: CANCOM SE / Key word(s): Bond
CANCOM SE successfully places EUR 45 million convertible bonds

20.03.2014 / 17:43

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CANCOM SE successfully places EUR 45 million convertible bonds 

* Total placement volume EUR 45 million

* Maturity 5 years until March 27, 2019

* Coupon of 0.875 %

Munich, Germany, March 20, 2014 - CANCOM SE announces the successful
placement of convertible bonds (the "Bonds") with a maturity until March
2019 and a total placement volume of EUR 45 million. The Bonds are
convertible into approximately 1 million new, non-par bearer shares of
CANCOM SE, excluding any pre-emptive rights of shareholders. The proceeds
of the issue from the convertible bond offering serves for financing future
growth both organic and through acquisitions.

"The great interest of investors shows that we are on the right track with
our growth strategy and that we provide an interesting perspective for the
capital market", Klaus Weinmann, CEO of CANCOM SE comments on the
placement.

The Bonds will be issued at 100 % and will carry a coupon of 0.875 % p.a.
paid annualy. The initial conversion price amounts to EUR 42.6334 and thus
includes a conversion premium of 20 % above the current share price.

The bonds were offered only to institutional investors outside the US,
Canada, Australia and Japan within the framework of a private placement.
The bonds are issued through CANCOM SE on March 27 2014 and are to be
included to trading on the Open Market (Freiverkehr) of the Frankfurt Stock
Exchange.

Commerzbank AG und Joh. Berenberg, Gossler & Co. KG were acting as Joint
Bookrunners in the transaction.




Contact:
Beate Rosenfeld
Manager Corporate Communication & IR

CANCOM SE
Erika-Mann-Straße 69
80636 München
Germany
 
Phone: +49 (0) 89 / 54054 5193
mail to: beate.rosenfeld@cancom.de 
www.cancom.de


End of Corporate News

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20.03.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language:    English                                               
Company:     CANCOM SE                                             
             Erika-Mann-Straße 69                                  
             80636 München                                         
             Germany                                               
Phone:       +49-(0)89/54054-0                                     
Fax:         +49-(0)89/54054-5119                                  
E-mail:      info@cancom.de                                        
Internet:    http://www.cancom.de                                  
ISIN:        DE0005419105                                          
WKN:         541910                                                
Indices:     TecDAX                                                
Listed:      Regulierter Markt in Frankfurt (Prime Standard);      
             Freiverkehr in Berlin, Düsseldorf, Hamburg, München,  
             Stuttgart                                             
 
 
End of News    DGAP News-Service  
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