In the following sections, you can read about investing in DLF Seeds A/S, DLF’s operations and financial performance.
Following the announcement on 6th August of the impending acquisition of PGG Wrightson Seeds, the leading forage and turf seed company in the Southern hemisphere, DLF Seeds A/S intends to issue a new hybrid security. The net proceeds from the hybrid security shall be used to partly finance or refinance the purchase price of the acquisition.
DLF Seeds A/S has mandated Nordea as Structuring Advisor and Global Coordinator and Danske Bank and Nordea as Book-runners for a EUR denominated hybrid security. The hybrid security is expected to have a size of up to EUR 100m with a maturity date 1,000 years after the issue date and a first call after 4 years. The hybrid security will be accounted for as equity according to Danish GAAP and will therefore strengthen the capital structure and balance sheet of the new combined company.
The investor roadshow for the hybrid security will commence on 7th November and the transaction execution will follow shortly thereafter, subject to market conditions. The final size and pricing of the hybrid security will be determined when the book-building process closes.
Key information documents for packaged retail and insurance-based
investment products, DLF - Indicative PRIIPs KID, in english
Dokument med central information om sammensatte og forsikringsbaserede
investeringsprodukter til detailinvestorer, DLF - indikativ PRIIPs KID, på dansk
Wednesday 7th November 2018
9:00 – 10:00 CET: Copenhagen Group Breakfast Presentation
Thursday 8th November 2018
9:00 – 10:00 EET: Helsinki Group Breakfast Presentation
14:00 – 15:00 CET: Stockholm Group Presentation
Friday 9th November 2018
8:45 – 9:45 CET: Oslo Breakfast Presentation
14:00 – 15:00 CET: Bergen Group Presentation
DLF Seeds A/S will be represented by the following people:
Truels Damsgaard, CEO
Morten Andersen, CFO
Lars Johansen, Director Strategy & Business Development