SI­MON SAYS

Finweek English Edition - - INVESTMENT -

mas­sive debt). More than likely it was in­vestors sell­ing some of their Steinhoff shares in or­der to buy the con­vert­ible bonds at a lower-risk en­try with a pay­ment of a 4% cur­rency hedge and a con­ver­sion into Steinhoff shares.

Steinhoff In­ter­na­tional Hold­ings

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.