ENP Newswire - 20 January 2014 Release date- 17012014 - ACCIONA today announced the placement and pricing of EUR325 million in senior unsecured convertible bonds due 2019 bearing a fixed interest rate of 3.00% per annum, payable semi-annually in arrears. The initial size of the issue may be increased to a maximum of EUR375 million in the event of exercise by the Joint Bookrunners of an over-allotment option granted by the Company exercisable, at their discretion, no later than 27 January 2014 . The conversion price at which the Bonds will be convertible into new and / or existing ordinary shares of ACCIONA will be EUR63,02 per Share, implying a premium of 32.5% over the reference price, determined as the volume weighted average price of the Shares during the period between the announcement of the issue and the final determination of conditions by ACCIONA . The conversion price will be subject to customary adjustments pursuant to the terms and conditions of the Bonds. The Bonds will be issued at 100% of their principal amount and, unless previously converted, redeemed or purchased and cancelled, are expected to mature on 30 January 2019 . ACCIONA approved the definitive terms of the issue following completion of the accelerated bookbuilding process carried out by the joint bookrunners HSBC Bank Plc , CreditAgricole Corporate and Investment Bank , Societe Generale Corporate & Investment Banking and The Royal Bank of Scotland plc , together with the entities Banco Bilbao Vizcaya Argentaria S.A. , Caixabank, S.A. and Banco Santander S.A. , as co-lead managers (together with the Joint Bookrunners, the 'Subscribers') Settlement and delivery of the Bonds is expected to take place on 30 January 2014 . Press Contact: Tel: 34 91 663 06 57 Email: email@example.com
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