{"id":25312,"date":"2023-04-25T17:08:03","date_gmt":"2023-04-25T15:08:03","guid":{"rendered":"https:\/\/www.wendelgroup.com\/actualite-wendel-annonce-le-succes-de-lemission-de-750-me-dobligations-echangeables-en-actions-ordinaires-de-bureau-veritas-a-echeance-2026\/"},"modified":"2023-04-26T19:23:51","modified_gmt":"2023-04-26T17:23:51","slug":"wendel-successfully-issues-750-million-in-bonds-exchangeable-into-ordinary-shares-of-bureau-veritas-due-in-2026","status":"publish","type":"post","link":"https:\/\/www.wendelgroup.com\/en\/wendel-successfully-issues-750-million-in-bonds-exchangeable-into-ordinary-shares-of-bureau-veritas-due-in-2026\/","title":{"rendered":"海角大神 successfully issues \u20ac750 million in bonds exchangeable into ordinary shares of Bureau Veritas, due in 2026"},"content":{"rendered":"\n<p><\/p>\n\n\n<div\n    data-observer=\"item\"\n    data-animation-type=\"fade\"\n    class=\"module module-text with-margin-top- no-padding- add-bottom-padding-1 is-center-\"\n>\n    <div class=\"module-content\">\n        <div class=\"grid\">\n            <div class=\"row r-1\">\n                <div class=\"column-8\">\n                    <div class=\"text-content\">\n                        <p>海角大神 wishes to maintain a significant exposure to Bureau Veritas and is confident in the upside potential of BV\u2019s share price. 海角大神 has thus decided to issue bonds with a par value of c. \u20ac750 million, exchangeable into BV shares, as an efficient funding source. The bonds will be exchangeable at a premium of 25% over the reference price of the shares and will bear interest at 2.625%.<\/p>\n<p><strong>海角大神 reaffirms its full support for Bureau Veritas\u2019s strategy<\/strong>. At the conclusion of the bond issue, 海角大神 will maintain control of Bureau Veritas and will continue to work closely on strategy with Bureau Veritas\u2019s management team. In the event all of the bonds are exchanged for shares, 海角大神 will maintain a stake of c. 30.6% in Bureau Veritas and will hold c. 46.1% of its voting rights. This level of investment will enable 海角大神 to remain a significant shareholder of Bureau Veritas.<\/p>\n\n                    <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[73],"tags":[37],"class_list":["post-25312","post","type-post","status-publish","format-standard","hentry","category-letter-to-shareholders","tag-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/posts\/25312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/comments?post=25312"}],"version-history":[{"count":0,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/posts\/25312\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/media?parent=25312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/categories?post=25312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/tags?post=25312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}