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Vonovia places €1.3 billion convertible bond issue

Issue is split into two series
Vonovia is a German residential investor.  (Photo by Christian Ender/Getty Images) (Getty Images)
Vonovia is a German residential investor. (Photo by Christian Ender/Getty Images) (Getty Images)
By Thomas Daily, Richard Meier
May 14, 2025 | 7:39 AM

Vonovia, Europe's biggest listed residential investor, has issued two series of convertible bonds, each with a volume of €650 million. They are scheduled to mature in 2030 and 2032, respectively, and will be convertible into approximately 32 million shares.

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