Brief: Mcphy Signs First Order With Hype As Part Of Strategic Partnership

Mcphy Energy SA

25/04/2022 16:48

April 25 (Reuters) - Mcphy Energy SA  MCPHY.PA :
    * MCPHY SIGNS A FIRST ORDER WITH HYPE AS PART OF THEIR
STRATEGIC
PARTNERSHIP
    * MCPHY WILL EQUIP, IN ÎLE-DE-FRANCE REGION, HYPE'S HYDROGEN
STATION NETWORK WITH A 2 MW ALKALINE ELECTROLYZER AND AN 800 KG
/ DAY DUAL PRESSURE STATION
    * AS PART OF THIS AGREEMENT, MCPHY SUBSCRIBED ON APRIL 22 TO
EUR
12 MILLION OF CONVERTIBLE BONDS ISSUED BY HYPE
    * SUBSCRIBED HYPE BONDS: CAPITALIZED INTEREST RATE OF 4.5%
AND A
MATURITY OF 9 YEARS

Source text for Eikon:  ID:nGNE1tYc8P 
Further company coverage:  MCPHY.PA 

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