Impreglon SE, parent company of 21 coating companies, issued a convertible bond of EUR 15 million to finance future acquisitions and new technologies. A team from Heuking Kühn Lüer Wojtek, led by Cologne-based partner Dr. Thorsten Kuthe, acted as transaction counsel.
The convertible bond at an interest rate of 6 percent was placed on the market in full and is listed on Frankfurt Stock Exchange's Open Market. The conversion price was set at EUR 10.58, delivery of the convertible bond is expected for June 22, 2012. quirin bank AG acted as lead manager on the transaction.
Impreglon develops and applies surface coatings for industry and manufacturing. The company operates worldwide in more than 10 countries with own production facilities.
Counsel to Impreglon SE:
Heuking Kühn Lüer Wojtek, Cologne
Dr. Thorsten Kuthe (Lead),
Sarah Winkel, LL.M.,
Kristian Franz (all Capital Market Law)
Heuking Kühn Lüer Wojtek, Düsseldorf
Dr. Katja Plückelmann (Capital Market Law)