Brief: Archos secures bond financing of up to 15 mln euros over 3 years

Archos SA

12/06/2015 17:04

June 12 (Reuters) - Archos SA  ARCH.PA : 
    * Secures flexible bond financing of up to 15 million euros  
($16.9 million) over 3 years 
    * Issued 1 million euros convertible bond with stock options 
attached 
    * Also issued 1,400 warrants for the issuance of convertible 
bonds with stock options attached, which will allow convertible 
bonds with stock options attached with a total nominal value of 
14 million euros to be issued over the next 36 months 
    * All bonds and warrants were issued to YA Global Master SPV 
Ltd in a private placement 
 
     
Source text: http://bit.ly/1JKzIud 
Further company coverage:  ARCH.PA  
 
 
($1 = 0.8868 euros) 
 
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