BAM repaid its convertible bond
Bunnik, the Netherlands, 15 June 2021 – Royal BAM Group nv announces that the company has repaid its unsecured subordinated convertible bond (ISIN XS1431302741) on the initial agreed repayment date.
When issued in June 2016, the original size of the bond was €125 million. BAM bought back €5 million of the bond during 2020. The remaining €120 million has been paid back in full, from the existing cash resources of the Group, in accordance with the terms and conditions of agreement.
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