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UBI UBISoft Entertainment

22.17
0.00 (0.00%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
UBISoft Entertainment EU:UBI Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 22.17 21.85 22.40 0.00 01:00:00

Shares in Ubisoft Tumble on Bond Placement News

28/11/2023 8:57am

Dow Jones News


UBISoft Entertainment (EU:UBI)
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From Nov 2023 to May 2024

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By Helena Smolak

 

Shares in Ubisoft Entertainment tumbled after the company placed bonds convertible or exchangeable into shares.

At 0813 GMT, Ubisoft shares traded 6.9% lower at EUR27.39.

The French video game publisher said Tuesday that it raised a nominal 494.5 million euros ($541.7 million) through the bond placement. The proceeds will be used for general corporate purposes, and up to EUR250 million for the repurchase of outstanding bonds, Ubisoft said.

The bonds, which have a maturity date of Dec. 5, 2031, have a nominal value of EUR100 each and a 2.875% coupon.

 

Write to Helena Smolak at helena.smolak@wsj.com

 

(END) Dow Jones Newswires

November 28, 2023 03:42 ET (08:42 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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