2023 Investor Relation
Exchangeable Bonds 2023/2030
RAG-Stiftung Exchangeable Bond due 2030 exchangeable for Existing Ordinary Shares of Evonik Industries AG - General Terms
Issuer: | RAG-Stiftung |
Securities: | Senior, unsecured bonds exchangeable for ordinary shares of Evonik Industries AG (ISIN DE000EVNK013) |
Issue Size: | € 500 million |
Launch Date: | 21. November 2023 |
Denomination: | € 100,000 per bond |
Maturity Date: | 28. November 2030 (7 years) |
Issue Price: | 100% of the nominal amount |
Redemption Price: | 100% of the nominal amount |
Interest / Yield: | 2,25% |
Yield to Maturity: | 2,25% |
Initial Exchange Premium: | 20% above the Reference Share Price of € 17,6148 |
Initial Exchange Price: | € 21,14 per Share |
ISIN: | DE000A352B25 |
WKN: | A352B2 |