Brief: Hoylu Issues Convertibles For SEK 10 Mln In Private Placement

Hoylu AB

24/02/2020 12:01

Feb 24 (Reuters) - Hoylu AB  HOYLU.ST :
    * REG-HOYLU ISSUES CONVERTIBLES FOR MSEK 10 IN A PRIVATE
PLACEMENT
    * BOARD RESOLVED TODAY TO CARRY OUT A DIRECTED ISSUE OF
CONVERTIBLE LOAN NOTES OF SEK 10,000,000 TO COMPANY'S MAIN
SHAREHOLDERS ALDEN AS AND FOUGNER INVEST AS
    * CONVERTIBLE LOAN AMOUNT TO SEK 10,000,000 CORRESPONDING TO
10,000,000 CONVERTIBLE LOAN NOTES
    * HOYLU AB - CONVERTIBLES MATURE ON SEPTEMBER 30, 2020 AND
CARRIES
AN ANNUAL INTEREST RATE OF 8 PER CENT

Source text for Eikon:  ID:nGNE7zlHM 
Further company coverage:  HOYLU.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))