Brief: O2i Finalizes Bond Issue With Two Main Shareholders

Prologue SA

21/03/2019 18:07

March 21 (Reuters) - O2I SA  ALODI.PA :
    * FINALIZED WITH THEIR TWO MAIN SHAREHOLDERS, PROLOGUE AND NEXSTAGE, THEIR SUBSCRIPTION TO
CONVERTIBLE BOND FOR  AMOUNT  OF EUR 2MLN
    * BONDS HAVE NOMINAL VALUE OF EUR 1.2 AND ANNUAL INTEREST OF 6% AND NON-CONVERSION PREMIUM
OF 3%
    * EACH BOND IS CONVERTIBLE INTO ORDINARY SHARE AT A PRICE OF EUR 1.40
    * BONDS ISSUED HAVE AVERAGE MATURITY OF 4 YEARS AND 2 MONTHS
    * FUNDS ARE INTENDED TO FINANCE IN PARTICULAR GROWTH OF M2I SUBSIDIARY

Source text for Eikon:  ID:nACT57598 
Further company coverage:  ALODI.PA 

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