Brief: Lehto Group Launches An Unsecured Convertible Bond Offering Of Up To EUR 15 Mln Due 2027

Lehto Oyj

29/06/2022 17:20

June 29 (Reuters) - Lehto Group Oyj  LEHTO.HE :
    * LEHTO GROUP PLC: LEHTO GROUP LAUNCHES AN UNSECURED
CONVERTIBLE
BOND OFFERING OF UP TO EUR 15 MILLION DUE 2027
    * LEHTO GROUP - CONVERTIBLE BONDS ARE EXPECTED TO BE ISSUED
IN AN
AGGREGATE MAXIMUM INITIAL PRINCIPAL AMOUNT OF EUR 15 MILLION
    * LEHTO GROUP - CONVERTIBLE BONDS WILL BE ISSUED AT 100% OF
THEIR
PRINCIPAL AMOUNT OF EUR 20,000 PER BOND
    * INITIAL CONVERSION PRICE IS EXPECTED TO BE SET AT EUR 0.40
PER
SHARE
    * LEHTO GROUP- CONVERTIBLE BONDS ARE EXPECTED TO CARRY A
COUPON OF
6% PER ANNUM

Source text for Eikon:  ID:nWkr5Q8PRs 
Further company coverage:  LEHTO.HE 

 ((Reuters.Briefs@thomsonreuters.com;))