Brief: Safe Orthopaedics Announces Financing Agreement And Drawing Of First Tranche

Safe SA

16/05/2019 06:44

May 16 (Reuters) - SAFE ORTHOPAEDICS SA  SAFOR.PA :
    * SAFE ORTHOPAEDICS: FINANCING AGREEMENT OF A TOTAL PAR
VALUE OF
€12.45 MILLION AND DRAWING OF FIRST TRANCHE
    * 30-MONTH OCEANE FINANCING AGREEMENT OF A TOTAL PAR VALUE
OF EUR
12.45 MILLION WITH STOCK WARRANTS ATTACHED IF APPLICABLE
    * ISSUING OF FIRST OCEANE TRANCHE OF A PAR VALUE OF EUR
300,000
AND A COMMITMENT FEE REPRESENTING TOTAL OF 14.1% OF CO'S SHARE
CAPITAL PRE-ISSUE
    * SUBSEQUENT FINANCING IN MONTHLY TRANCHES REPRESENTING A
TOTAL
PAR VALUE OF EUR 12.15 MILLION

Source text for Eikon:  ID:nBw38xWSXa 
Further company coverage:  SAFOR.PA 

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