News: Optoelectronics
22 December 2025
ams OSRAM announces partial repurchase offer for up to €300m of outstanding convertible bonds due 2027
ams OSRAM GmbH of Premstaetten, Austria, and Munich, Germany has launched a convertible bond tender and invites current bondholders to submit offers to sell up to €300m in principal amount of the outstanding €760m convertible bonds due 2027.
The repurchase price per bond tendered will be determined through a Dutch auction procedure and will be set between 94.00% and 96.00% of the principal amount per bond (equal to €94,000 and €96,000 per bond). The firm will also pay interest accrued on the purchased bonds from and including the interest payment date of the bonds immediately preceding the settlement date (which is expected to be 21 January 2026) to but excluding the settlement date.
The cooling-off period, during which no tenders are accepted, commenced on 19 December and will end on 9 January 2026. The repurchase period will commence on 12 January and will expire on 16 January at 5pm CET.
The bonds are listed and trade on the non-regulated open market segment (Freiverkehr) of the Frankfurt Stock Exchange (ISIN: DE000A283WZ3).
