Successful private placement of € 125 million Convertible bonds by Greenyard Group

Greenyard NV announced the successful placement by FieldLink NV, a wholly-owned subsidiary of Greenyard, of the issue of € 125,000,000 senior unsecured, guaranteed, convertible bonds due 2021, guaranteed by Greenyard NV and convertible into newly issued ordinary shares of Greenyard NV.

Degroof Petercam acted as joint bookrunner of the transaction.

The coupon is a fixed interest rate of 3.75% p.a., payable on a half-yearly basis starting June 22nd  2017.

The conversion price of the convertible bonds, which have denominations of € 100,000, has been set at EUR 17.43, representing a premium of 25% of the volume weighted average price of Greenyard’s shares on Euronext Brussels between opening and closing of the market on December 8th 2016. The convertible bond offering was executed through an accelerated bookbuilding procedure.  The convertible bonds have been offered solely to institutional investors. 

For more information on the convertible bonds, please refer to following press release issued by Greenyard NV

Alexandra Niehe

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Thomas Van Rompuy

Senior Executive Advisor - media relations, economics, Bank Degroof Petercam

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Arnaud Denis

External Communication, Degroof Petercam

Alexandra Niehe

Head of corporate communications, Degroof Petercam

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About Degroof Petercam

Founded in 1871, Degroof Petercam is a Belgian-rooted reference investment house, built on more than 150 years of integrated financial knowledge. As responsible employer and investor, we contribute to sustainable growth. Private clients and families, entrepreneurs, corporations, professional investors and institutions trust us for our strong convictions and our continuum of services in wealth management, investment management and investment banking.

On December 31, 2024, total client assets amounted to € 64 billion. More than 1 000 experts are committed to our clients from our headquarters in Belgium and our branches in France, Germany, Italy, Luxembourg, Switzerland, Spain, the Netherlands and Hong Kong. 

Degroof Petercam is owned by Indosuez Wealth Management and by its historical minority shareholder CLdN Cobelfret. Our clients and experts benefit from the vast expertise and international network of Indosuez and the Crédit Agricole group, the world's 10th largest bank (The Banker, 2025). With approximately € 215 billion in client assets, more than 4300 staff members active in 15 territories, Indosuez is one of the European leaders in wealth management.

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