Brief: Nextil Issues Bonds Convertible Into Shares For Up To 5.4 Mln Euros

Nueva Expresion Textil SA

07/06/2023 12:19

June 7 (Reuters) - Nueva Expresion Textil SA  NXTE.MC :
    * ANNOUNCES THE ISSUANCE OF BONDS CONVERTIBLE INTO ORDINARY
SHARES
OF THE COMPANY FOR A MAXIMUM NOMINAL AMOUNT OF 5.4 MILLION EUROS
    * BONDS SHALL HAVE A UNIT PAR VALUE OF 1,000 EUROS PER BOND
    * NUMBER OF CONVERTIBLE BONDS TO BE ISSUED IS 5,340
    * BONDS TO BE ISSUED AT PAR, WITHOUT PREMIUM OR DISCOUNT,
IE, AT
100% OF THEIR NOMINAL VALUE
    * ISSUE DATE IS JUNE 12, FINAL MATURITY DATE IS JUNE 12,
2028
    * PRICE OF CONVERSION 0.45 EUROS
    * NUMBER OF SHARES OF COMPANY TO BE ISSUED FOR EACH BOND
UPON
EXERCISE OF CONVERSION RIGHT SHALL BE CALCULATED BY DIVIDING
CONVERSION AMOUNT BY CONVERSION PRICE

Source text: https://tinyurl.com/5n6kxkpx
Further company coverage:  NXTE.MC 

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