DORDA advises Intercell on convertible bond with an initial volume of EUR 33 million

Monday, 21 March 2011

DORDA (formerly Dorda Brugger Jordis) advised Intercell AG on the issue of a convertible bond. The bond's initial volume amounts to EUR 33 million. By means of two increase options exercisable in 2012 and 2014, the convertible bond can be increased to a maximum of EUR 82.5 million. The transaction had a particularly innovative structure.

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