Brief: Bone Therapeutics: Subscription Agreement For A Maximum EUR 5 Mln Convertible Bonds Facility With ABO

Biosenic SA

31/05/2022 06:10

May 31 (Reuters) - Bone Therapeutics SA  BOTHE.BR :
    * BONE THERAPEUTICS SIGNS DEFINITIVE SUBSCRIPTION AGREEMENT
FOR A
MAXIMUM OF EUR 5M CONVERTIBLE BONDS FACILITY WITH ABO
    * DEFINITIVE SUBSCRIPTION AGREEMENT FOR A MAXIMUM EUR 5
MILLION
CONVERTIBLE BONDS (CBS) FACILITY ARRANGED BY ABO SECURITIES
    * CBS WILL BE ISSUED AND SUBSCRIBED IN TEN TRANCHES
    * FIRST TRANCHE OF 10 CBS WITH AN AGGREGATE PRINCIPAL AMOUNT
OF
EUR 0.5 MILLION WILL BE SUBSCRIBED BY ABO BY END OF THIS WEEK OR
EARLY NEXT WEEK
    * ISSUE AND SUBSCRIPTION OF REMAINING NINE TRANCHES WITH A
PRINCIPAL AMOUNT OF EUR 500,000 EACH CAN BE REQUESTED AT BONE
THERAPEUTICS' SOLE DISCRETION OVER AN EIGHTEEN-MONTH PERIOD
    * CBS, DENOMINATED EUR 50,000 EACH, WILL BE IN FORM OF
UNSECURED,
SUBORDINATED, REGISTERED BONDS
    * CBS WILL NOT BEAR ANY COUPON AND HAVE A MATURITY DATE OF
FIVE
YEARS AFTER ISSUANCE

Source text for Eikon:  urn:newsml:reuters.com:*:nGNE9Br8nC
Further company coverage:  BOTHE.BR 

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