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Algene Holding to Issue Up to EUR 2 Million in Synthetic Convertible Bonds

PUBT·10/19/2026 15:17:50
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Algene Holding to Issue Up to EUR 2 Million in Synthetic Convertible Bonds
  • Algene Holding plans to issue up to EUR 2 million in synthetic convertible bonds.
  • The bonds pay 12% annually in quarterly installments, with a term from November 1, 2026, to November 1, 2029.
  • The conversion price is 80% of the average share price before each exercise period, subject to a EUR 2 floor per share.
  • Conversions will use existing shares supplied by largest shareholder DN Group, rather than newly issued shares.
  • The public offering in Germany opens on October 21, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Algene Holding SE published the original content used to generate this news brief via EQS News (Ref. ID: adhoc_2418254_de) on October 19, 2026, and is solely responsible for the information contained therein.