BRIEF-Gagfah says to launch 325 mln euros of 5-year convertible bonds

FRANKFURT Tue May 13, 2014 12:57am EDT

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FRANKFURT May 13 (Reuters) - Gagfah SA : * Says launch of approximately EUR 325 million 5-year convertible bonds * Says may be increased by up to EUR 50 million at gagfah's discretion * Says will have a maturity of 5 years, offered with a coupon between 0.75% and

1.50% per annum