Brief: Cybergun Issues Covertible Bonds Worth 2 Million Euros

Calibre SA

02/11/2020 10:10

Nov 2 (Reuters) - CYBERGUN  ALCYB.BR :
    * BOND FUND RAISING OF EUR 2 MLN IN NOMINAL VALUE INTENDED
TO
STRENGTHEN ITS AVAILABLE CASH POSITION
    * 200 CONVERTIBLE BONDS WITH NOMINAL VALUE OF EUR 10,000
EACH
REPRESENTING BOND ISSUE OF EUR 2 MILLION IN NOMINAL VALUE
    * AVAILABLE CASH AT EUR 4.2 MLN AFTER THE OPERATION
    * CONFIRMS THE CALENDAR FOR EQUITISATION OF ITS BOND DEBT
AND
OTHER FINANCIAL DEBTS
    * EQUITISATION WILL ENABLE GROUP TO BE TOTALLY DEBT-FREE
    * AGREEMENT WITH EHGO CONFIRMING SUSPENSION OF OCEANE
FINANCING
PROGRAM AS OF 1ST DECEMBER
    * RESTARTED INVESTMENT AGREED TO EXTEND FINANCIAL GUARANTEE
UNTIL
DECEMBER 31, 2021

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nACT65924
    
 Further company coverage:  ALCYB.BR  
   


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