Belgium's GBL to sell 420 mln euros convertible bond
BRUSSELS, Sept 27
BRUSSELS, Sept 27 (Reuters) - Belgian holding group GBL will sell convertible bonds worth 420 million euros ($566.21 million) to institutional investors, the company said on Friday.
The proceeds of the bonds, which are due in October 2018, will be used to address its general financing needs, the group said. ($1 = 0.7418 euros) (Reporting by Robert-Jan Bartunek)