Brief: Cyan Convertible Bond With Volume Of EUR 8.4 Mln Approved

Cyan AG

14/01/2021 11:01

Jan 14 (Reuters) - CYAN AG  CYR.DE :
    * CYAN AG: CONVERTIBLE BOND PROGRAM WITH A TOTAL VOLUME OF
UP TO
EUR 8.4 MILLION APPROVED
    * CONVERTIBLE BOND PROGRAM WITH A TOTAL VOLUME OF UP TO EUR
8.4
MILLION APPROVED
    * PROGRAM COMPRISES UP TO EIGHT CONSECUTIVE TRANCHES, EACH
WITH A
TOTAL NOMINAL AMOUNT OF EUR 1.05 MILLION
    * EACH TRANCHE WILL CONSIST OF 105 CONVERTIBLE BONDS WITH A
NOMINAL VALUE OF EUR 10,000 PER CONVERTIBLE BOND
    * TERM OF EACH TRANCHE WILL BE 24 MONTHS AFTER ISSUANCE

Source text for Eikon:  ID:nEQ3h6RvYa 
Further company coverage:  CYR.DE 

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