Brief: Clabo Approves Up To EUR 8 Mln Bond Issue

Clabo SpA

13/06/2019 06:47

June 13 (Reuters) - Clabo  CLAB.MI : 
    * SAID ON WEDNESDAY BOARD APPROVES ISSUE OF BONDS FOR UP TO
EUR 8
MLN UNTIL JUNE 30
    * BONDS TO EXPIRE ON JULY 1, 2025
    * SAID LOAN WILL BE USED FOR THE  DIGITALISATION OF
FACILITIES IN
JESI AND FILADELFIA
    * SAID LOAN SUBSCRIPTION PRICE IS EQUIVALENT TO 97.75% OF
NOMINAL
VALUE
    * SAID LOAN WILL BE ISSUED IN ONE TRANCHE BY JUNE 30 AND
WILL BE
PAYING FIXED GROSS INTEREST OF 5.25% PER YR

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA49wZzG
    
 Further company coverage:  CLAB.MI  
   


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