Brief: Mecelec launches 15 mln euros convertible bond

Altheora SA

14/11/2014 13:16

Nov 14 (Reuters) - Mecelec SA  MCLC.PA : 
    * Launches 15 million euros convertible bond 
    * Issue may be increased up to 17.25 million euros 
    * Nominal value is 300 euros, maturity is 5 years 
    * Interest rate is 6 percent per year 
    * 100 subscription warrants attached to one bond 
    * Warrants may be exercised at any time up to Dec. 4, 2019 
    * Warrants exercise price is 4 euros 
 
Further company coverage:  MCLC.PA  
 
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Keywords: MECELEC/BRIEF