Brief: Atrys Health Plans To Issue A Contingent Convertible Bond In December For Maximum Amount Of 25 Mln Euros

Atrys Health SA

20/11/2023 08:00

Nov 20 (Reuters) - Atrys Health SA  ATRY.MC :
    * PLANS TO ISSUE A CONTINGENT CONVERTIBLE BOND IN THE MONTH OF DECEMBER FOR A MAXIMUM AMOUNT
OF 25
MILLION EUROS
    * BOND MAY BE CONVERTED UNTIL ITS MATURITY DATE (6.5 YEARS) INTO COMPANY SHARES AT A MINIMUM
PRICE
OF €7 PER SHARE
    * A TOTAL OF 43 MILLION DEBT WILL BE AMORTIZED WHICH WILL ALLOW TO ACHIEVE A DEBT/EBITDA
RATIO IN
2023 ESTIMATED 3.5X AND REDUCE GROUP'S FINANCIAL EXPENSES BY €3.85 MLN ANNUALLY

Source text for Eikon:  ID:nCNM88hFgx 
Further company coverage:  ATRY.MC 

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