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BRIEF-Steinhoff to issue convertible bonds in debt refinance
JOHANNESBURG, Sept 20 |
JOHANNESBURG, Sept 20 (Reuters) - Steinhoff International Holdings Ltd : * Says to issue up to EUR 400 million in convertible bonds * Says to repurchase up to the full outstanding principal amount of its
convertible bonds due July 2013 * Says new bonds will be marketed with a coupon range of 5.625% - 6.375% * Says net proceeds from issue of new bonds will be earmarked principally for
the repurchase of existing ones
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