Brief: Ricebran Technologies enters into definitive agreements for $8 mln private placement

RiceBran Technologies

10/02/2017 13:00

Feb 10 (Reuters) - Ricebran Technologies  RIBT.O  
    * Ricebran technologies enters into definitive agreements 
for an $8 million private placement consisting of a combination 
of debt and equity securities 
    * Ricebran technologies enters into definitive agreements 
for an $8 million private placement consisting of a combination 
of debt and equity securities 
    * Financing expected to result in an annual cash interest 
savings of approximately $500,000 net of oid 
    * Intends to use net proceeds from offering to repay 
approximately $4.2 million in debt 
 
Source text for Eikon:  ID:nPn3SK4LBa  
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