Brief: Componenta to issue convertible capital loan of EUR 30-40 mln
24/03/2016 07:55
March 24 (Reuters) - Componenta Oyj CTH1V.HE :
* Aiming to issue new convertible capital loan of 30 million - 40 million euros ($33.48
million - $44.64 million)
* Says to have significant changes in the structure of its balance sheet
* To negotiate on financing of Turkish subsidiary with Turkish banks and to divest its
piston business
* Is currently negotiating divestment of Componenta Pistons unit
* Is surveying divestment of its non-core business units
Source text for Eikon: urn:newsml:reuters.com:*:nHSU6fms
Further company coverage: CTH1V.HE
($1 = 0.8961 euros)
(Gdynia Newsroom)
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