Brief: Safe Orthopaedics Announces The First Drawing Of A Tranche Of OCEANE

Safe SA

24/12/2020 07:45

Dec 24 (Reuters) - Safe Orthopaedics SA  ALSAF.PA :
    * FIRST DRAWING OF A TRANCHE OF OCEANE FROM THE BOND
FINANCING
LINE ANNOUNCED ON DECEMBER 17, 2020
    * EXECUTION OF FLEXIBLE BOND FINANCING LINE ANNOUNCED ON
DECEMBER
17, 2020 BROKEN DOWN IN 24 DEGRESSIVE OCEANE TRANCHE, WITH
LUXEMBOURG INVESTMENT FUND EUROPEAN HIGH GROWTH OPPORTUNITIES
SECURITIZATION FUND
    * ISSUANCE OF 1.680 TRANCHE WARRANTS FOR BONDS CONVERTIBLE
OR
EXCHANGEABLE INTO NEW AND/OR EXISTING SHARES WITH A PART VALUE
OF 5.000 € EACH (THE “OCEANE”)
    * THE DRAWING OF THE FIRST TRANCHE OF THIS PROGRAM BEING
INITIALLY
PLANNED ON JANUARY 2020
    * DUE TO FAVORABLE MARKET CONDITIONS, AND IN ACCORDANCE WITH
BOND
FINANCING LINE DOCUMENTATION, DRAWING TAKES PLACE FEW DAYS IN
ADVANCE, FOLLOWING PROPOSAL FROM THE INVESTOR

Source text for Eikon:  ID:nGNEbtKjw 
Further company coverage:  ALSAF.PA 

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