Brief: Spineguard establishes two-year 2.4 million euros convertible bonds facility with Nice & Green

Spineguard SA

02/10/2017 17:01

Oct 2 (Reuters) - SPINEGUARD SA  ALSGD.PA : 
    * SPINEGUARD ESTABLISHES TWO-YEAR 2.4M CONVERTIBLE BONDS 
FACILITY WITH NICE & GREEN 
    * THIS EQUITY FINANCING PROVIDES FUNDING TO RIGHT SIZE 
SPINEGUARD'S OPERATIONS AS IT AIMS TO REACH OPERATING BREAK-EVEN 
BY END OF 2018. 
    * FACILITY PROVIDES SECURED AND SCHEDULED MONTHLY DRAWS OF  
100,000 EACH DURING A PERIOD OF 24 MONTHS 
    * EMISSION OF 120 OCAPI BONDS (CONVERTIBLE BONDS) OVER 24 
MONTHS 
 
Source text for Eikon:  ID:nBw9qTJK7a  
Further company coverage:  ALSGD.PA  
 
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