Brief: Crealogix To Issue Convertible Bond Of CHF 20 Mln

Crealogix Holding AG

14/10/2019 06:05

Oct 14 (Reuters) - CREALOGIX HOLDING AG  CLXN.S :
    * CREALOGIX ANNOUNCES THE ISSUE OF A CONVERTIBLE BOND IN THE
MINIMUM AMOUNT OF CHF 20 MILLION WITH POSSIBILITY TO INCREASE
THE TOTAL AMOUNT UP TO CHF 25 MILLION
    * NET PROCEEDS WILL BE USED FOR REFINANCING OF CONVERTIBLE
BOND
ISSUED IN 2015, FINANCING OF POSSIBLE ACQUISITIONS, AND FOR
GENERAL FUNDING PURPOSES
    * CONVERTIBLE BOND INCREASES CREALOGIX'S FINANCIAL AND
STRATEGIC
FLEXIBILITY
    * FINAL TERMS (ISSUE AMOUNT, COUPON AND CONVERSION PRICE)
ARE
EXPECTED TO BE FIXED AND COMMUNICATED ON 30 OCTOBER 2019
    * CONVERTIBLE BOND WILL BE ISSUED WITH A 5-YEAR TERM

Source text for Eikon:  ID:nTEN7zvj5a 
Further company coverage:  CLXN.S 

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