Brief: Adocia Establishes Debt Financing Plan For 15 Million Euros

Adocia SA

14/10/2019 06:40

Oct 14 (Reuters) - ADOCIA SA  ADOC.PA :
    * ADOCIA OBTAINS ADDITIONAL FINANCIAL RESOURCES TO
ACCELERATE ITS
GROWTH
    * ESTABLISHMENT OF A DEBT FINANCING PLAN FOR A MAXIMUM
AMOUNT OF
15 MILLION EUROS, WITH IPF PARTNERS
    * FIRST TRANCHE OF EUR 7.5 MILLION IS SUBSCRIBED IMMEDIATELY
    * CURRENT CASH POSITION ABOVE EUR 39 MILLION AS OF OCTOBER
14,
2019
    * ADOCIA MAY DECIDE TO SUBSCRIBE THE SECOND TRANCHE BY THE
END OF
2019

Source text for Eikon:  ID:nBwc1FFkTa 
Further company coverage:  ADOC.PA 

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