Brief: Hofseth Biocare Places CHF-Denominated Unsecured Bonds

Hofseth Biocare ASA

05/05/2025 08:13

May 5 (Reuters) - Hofseth Biocare ASA HBC.OL:

SUCCESSFUL PLACEMENT OF NEW CHF-DENOMINATED UNSECURED BONDS

SUCCESSFULLY PLACED CHF-DENOMINATED UNSECURED BONDS FOR A TOTAL AMOUNT OF APPROXIMATELY CHF 3.5 MILLION

SETTLEMENT OF BONDS ISSUE IS EXPECTED TO OCCUR SIMULTANEOUSLY AS ISSUE DATE, WHICH IS EXPECTED TO BE ON 5 MAY 2025

NET PROCEEDS FROM BONDS WILL BE USED FOR GENERAL CORPORATE PURPOSES

BONDS HAVE A TERM OF THREE YEARS AND WILL MATURE ON 30 APRIL 2028

BONDS CARRY AN INTEREST RATE OF 10% P.A.

Source text: ID:nGNE6zfHwK

Further company coverage: HBC.OL

 (Gdansk Newsroom)

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