Brief: Observe Medical Contemplated Bonds, Share Issue

Observe Medical ASA

14/12/2022 16:02

Dec 14 (Reuters) - Observe Medical ASA  OBSRV.OL :
    * PROVIDES AN UPDATE ON CONTEMPLATED FINANCING
    * IS PLANNING TO ISSUE A NOK 30-50 MILLION BOND LOAN IN Q1 OF 2023
    * BOND LOAN MAY BE USED BY CREDITORS AS PAYMENT OF THEIR SUBSCRIPTION AMOUNT IN EQUITY ISSUE
    * PLANNED ISSUE IS EXPECTED TO BE FOLLOWED BY NOK 100-150 MILLION EQUITY ISSUE AROUND
MID-YEAR
2023
    * INTENDS TO USE NET PROCEEDS FROM TRANSACTIONS TO FINANCE TWO CONTEMPLATED ACQUISITIONS

Source text for Eikon:  ID:nWkr368pjw 
Further company coverage:  OBSRV.OL 
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