Ubisoft Entertainment: Hopes dashed - InvestingChannel

Ubisoft Entertainment: Hopes dashed

The sum raised was considerable – EUR494.5 million – and the cost of borrowing exceptionally lenient, at just 2.875%. As for the conversion option, it applies at a price of EUR40, a substantial premium to the current market price.
On paper, this refinancing – which covers almost a third of the vide…
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