Post by Commerzbank AG

📣 We are delighted to have accompanied K+S on the placement of a €320 million convertible bond as Joint Global Coordinator, together with our equity brokerage partner ODDO BHF. This deal marks K+S’s debut transaction in the equity-linked market. The proceeds are intended to finance the recently announced acquisition of Qemetica’s salt business in Poland and Germany and for general corporate purposes as well as to optimise the Group’s financing structure. K+S is a leading German mining and minerals company headquartered in Kassel, specialising in the extraction, refinement and distribution of potash, magnesium and salt products for agricultural, industrial and consumer markets worldwide. 👏 Congratulations to everyone involved in this very successful transaction!