Brief: Cybergun Announces Implementation Of Debt And Equity Enhancement Programme

Calibre SA

01/12/2020 07:40

Dec 1 (Reuters) - CYBERGUN SA  ALCYB.PA :
    * ANNOUNCES THE IMPLEMENTATION OF THE EQUITIZATION PROGRAMME
 OF
ITS BOND DEBT AND OTHER FINANCIAL DEBTS
    * SUSPENSION OF THE BOND FINANCING LINE
    * AT END OF PROCESS, WHICH STARTS TODAY AND TO BE COMPLETED
BY DEC
31, 2024 AT THE LATEST, ENTIRE RESTRUCTURED FINANCIAL DEBT OF
EUR 7.9 MILLION WILL HAVE BEEN REPAID
    * AS AT 30 NOVEMBER 2020, CYBERGUN HAD ONLY 0.1 MEUR OF
OTHER
GROSS FINANCIAL DEBT FOR A CASH POSITION OF 8.5 MEUR
    * TO DATE, ALL OF THE BONDS ISSUED UNDER THIS PROGRAM HAVE
BEEN
CONVERTED INTO SHARES

Source text for Eikon:  ID:nACT66288 
Further company coverage:  ALCYB.PA 

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