Brief: Fermentalg Completes 6.3 Million Euros Convertible Bond Issue

Fermentalg SA

15/03/2023 16:34

March 15 (Reuters) - Fermentalg SA  FALG.PA :
    * STRENGTHENS ITS CASH POSITION THROUGH A €6.3 MILLION BOND
ISSUE
WITH FOUR EUROPEAN INVESTORS
    * ANNOUNCES THAT IT HAS COMPLETED AS OF MARCH 14TH A €6.3
MILLION
CONVERTIBLE BOND ISSUE SUBSCRIBED BY FOUR  EUROPEAN INVESTORS
    * SHARES WERE SUBSCRIBED AT 92% OF THEIR NOMINAL VALUE, I.E.
FOR A
TOTAL SUBSCRIPTION PRICE OF €6.3 MILLION
    * BONDS WILL NOT BEAR INTEREST AND WILL MATURE ON MARCH 13,
2026
    * THE  CONVERTIBLE BONDS ISSUED, WITH NOMINAL VALUE OF €1
EACH AND
A TOTAL NOMINAL VALUE OF  €6,847,828, WERE SUBSCRIBED AT 92% OF
THEIR NOMINAL VALUE, I.E. FOR A TOTAL SUBSCRIPTION PRICE OF €6.3
 MILLION

Source text for Eikon:  ID:nACT78948 
Further company coverage:  FALG.PA 

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