Brief: Spineway Signs Financing Contract With NEGMA GROUP LTD

Spineway SA

18/10/2019 09:46

Oct 18 (Reuters) - SPINEWAY SA  ALSPW.PA :
    * SIGNATURE OF A FINANCING CONTRACT WITH NEGMA GROUP LTD BY
ISSUING CONVERTIBLE BONDS (OCA) WITH WARRANTS (BSA) ATTACHED
    * THE OCAS HAVE  NOMINAL VALUE OF €2,500 EACH AND ARE
SUBSCRIBED
AT 100% OF THEIR NOMINAL VALUE.
    * THE OCAS HAVE A MATURITY OF 12 MONTHS FROM THEIR ISSUE
    * FINANCING CONTRACT FOR A MAXIMUM NOMINAL AMOUNT OF 40
MILLION
EUROS, WITHOUT INTEREST, FOR A MAXIMUM TERM OF 32 MONTHS
    * CONTRACT HAS FOR OBJECTIVE TO FINANCE OPERATIONAL CASH
REQUIREMENTS FROM MAY 2020 THAT ARE NOT COVERED BY THE     CASH
TO DATE

Source text for Eikon:  ID:nNDL5fyjmD 
Further company coverage:  ALSPW.PA 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com;))