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Readcrest Capital to issue up to EUR 10 million in convertible bonds
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Readcrest Capital to issue up to EUR 10 million in convertible bonds
  • Readcrest Capital will issue up to EUR 10 million in senior, unsecured convertible bonds.
  • The bonds will be issued at 100% of principal with a 5% annual coupon.
  • Unless converted, redeemed or repurchased and cancelled earlier, redemption is due October 28, 2031, at 125% of principal plus accrued interest.
  • The initial conversion price is EUR 3, a 123.9% premium to the EUR 1.34 share reference price.
  • A private placement with selected investors excludes shareholder subscription rights; net proceeds will fund further investments.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Readcrest Capital AG published the original content used to generate this news brief via EQS News (Ref. ID: adhoc_2420302_en) on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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