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DGAP-News: Drillisch AG / Key word(s): Issue of Debt/Bond Drillisch AG prices and issues convertible bonds

05.12.2013 / 16:31

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Press release

Drillisch AG prices and issues convertible bonds

Issue size: EUR 100 million

Coupon: 0.75%

Conversion price: EUR 28.2869

Maintal, December 5, 2013 - Drillisch AG ('Drillisch' or the 'Company') successfully placed EUR 100 million of senior, unsecured convertible bonds due 2018 (the 'Bonds'), convertible into shares of the Company with international institutional investors outside of the US only. The issuance was multiple times oversubscribed.

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PRESS RELEASE: Drillisch AG prices and issues convertible bonds

PUBLISHED: 08:24 EST, 5 December 2013 | UPDATED: 13:46 EST, 5 December 2013

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Ibiza has long been Europe's 'pleasure island'. Decadence rules, whether you're getting legless in San Antonio, raving at Space, or sipping Krug on a super yacht.

The island has a history of hedonism. It was a haven for liberal and alternative Spaniards during Franco's rule. In the Seventies, it was a key point on the hippy trail. In the Eighties, package holidays, the yacht set and the clubbers arrived.

These photographs, which form part of an ICA exhibition, Ibiza, Moments in Love, were taken by British photographer Derek Ridgers at club Ku in 1984.

Partygoers circa 1984 at Ku, the world's largest outdoor discotheque, built around an Olympic-sized swimming pool

Clubbers at Ku, 1984, showing off their hyper-glamorous Eighties style - it's all about the fishnets, leopard print and spandex

They capture the outrageous club culture that, a couple of years later, entranced four UK DJs including Danny Rampling and Paul Oakenfold.

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Birth of the party paradise: Glamorous pictures show outrageous club culture in 1980s Ibiza

PUBLISHED: 08:24 EST, 5 December 2013 | UPDATED: 13:46 EST, 5 December 2013

1,178 shares

69

View comments

Ibiza has long been Europe's 'pleasure island'. Decadence rules, whether you're getting legless in San Antonio, raving at Space, or sipping Krug on a super yacht.

The island has a history of hedonism. It was a haven for liberal and alternative Spaniards during Franco's rule. In the Seventies, it was a key point on the hippy trail. In the Eighties, package holidays, the yacht set and the clubbers arrived.

These photographs, which form part of an ICA exhibition, Ibiza, Moments in Love, were taken by British photographer Derek Ridgers at club Ku in 1984.

Partygoers circa 1984 at Ku, the world's largest outdoor discotheque, built around an Olympic-sized swimming pool

Clubbers at Ku, 1984, showing off their hyper-glamorous Eighties style - it's all about the fishnets, leopard print and spandex

They capture the outrageous club culture that, a couple of years later, entranced four UK DJs including Danny Rampling and Paul Oakenfold.

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Ibiza's hedonistic history: New exhibition documents the outrageous club culture of the Eighties

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