Brief: Sivers Semiconductors Announces Intention To Carry Out Directed Share Issue, Granted Conditional Loan Facility

Sivers Semiconductors AB

04/04/2023 16:35

April 4 (Reuters) - Sivers Semiconductors AB  SIVEH.ST :
    * ANNOUNCES INTENTION TO CARRY OUT A DIRECTED SHARE ISSUE
AND HAS
BEEN GRANTED A CONDITIONAL LOAN FACILITY FROM A NORDIC
COMMERCIAL BANK
    * IN TOTAL, FINANCING WILL AMOUNT TO APPROXIMATELY SEK 250
MILLION
AND CONSTITUTES DIRECTED ISSUE, LOAN FACILITY AND JUNIOR CAPITAL
    * DIRECTED ISSUE CORRESPONDING TO ABOUT SEK 125 MILLION, TO
SWEDISH AND INTERNATIONAL INSTITUTIONAL INVESTORS
    * HAS BEEN GRANTED A CONDITIONAL LOAN FACILITY FROM A
LEADING
NORDIC COMMERCIAL BANK OF UP TO SEK 50 MILLION
    * LOAN FACILITY IS, INTER ALIA, CONDITIONAL THAT CO
CONCLUDES
ONGOING NEGOTIATIONS REGARDING ADDITIONAL SEK 75 MILLION IN
JUNIOR CAPITAL

Source text for Eikon:  ID:nWkrbRjSpg 
Further company coverage:  SIVEH.ST 

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