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BRIEF-Mic to convert loans issued to subsidiaries into equity of respective companies
October 19, 2017 / 10:59 AM / a month ago

BRIEF-Mic to convert loans issued to subsidiaries into equity of respective companies

Oct 19 (Reuters) - MIC AG

* TO CONVERT LOANS ISSUED TO SUBSIDIARIES INTO EQUITY OF RESPECTIVE COMPANIES

* ISSUE PRICE OF THE NEW SHARES ISSUED BY COMPANIES WILL AMOUNT TO AT LEAST EUR 1.00

* IN TOTAL, ABOUT EUR 11.40 BILLION LOAN RECEIVABLES TO BE CONVERTED INTO EQUITY OF SUBSIDIARIES Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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