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Amadeus Announces Convertible Bond Conversion

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Amadeus Announces Convertible Bond Conversion

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An announcement from Amadeus IT Group S.A ( (ES:AMS) ) is now available.

Amadeus IT Group, S.A. has announced the conversion of convertible bonds, resulting in the delivery of 6,792,453 treasury shares to bondholders. This conversion accounts for a principal amount of 359.6 million euros, with 390.4 million euros still pending conversion, potentially impacting Amadeus’ financial operations and market positioning.

More about Amadeus IT Group S.A

YTD Price Performance: 4.91%

Average Trading Volume: 628,828

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €30.93B

Find detailed analytics on AMS stock on TipRanks’ Stock Analysis page.

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