Brief: Sfinks Polska To Issue Up To 12,000 Bonds In Private Placement

Sfinks Polska SA

16/10/2019 06:58

Oct 16 (Reuters) - Sfinks Polska SA  SFSP.WA :
    * SAYS THAT MANAGEMENT HAS RESOLVED TO ISSUE NO LESS THAN
500 AND
NO MORE THAN 12,000 SERIES A2 BONDS 
    * TOTAL VALUE OF BONDS WILL BE NO LESS THAN 0.5 MILLION
ZLOTYS AND
NO MORE THAN 12 MILLION ZLOTYS
    * THE BONDS WILL BE ISSUED IN PRIVATE PLACEMENT
    * THE BONDS CAN BE CONVERTED INTO SERIES L SHARES AT 1 ZLOTY
PER
SHARE, WHICH MEANS A BOND HOLDER WILL BE ENTITLED TO ACQUIRE
1000 L SERIES SHARES IN EXCHANGE FOR ONE BOND 
    * THE BONDS WILL BE DUE ON DECEMBER 31

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM72Yy0ha
    
 Further company coverage:  SFSP.WA  
   


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