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    STLN — Swiss Steel Holding AG News Story

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    Brief: Swiss Steel: Capital Increase Generates Gross Proceeds Of CHF 247 Mln

    Picture of Swiss Steel Holding AG logoSwiss Steel Holding AG
    16/03/2021 06:09
    March 16 (Reuters) - SWISS STEEL HOLDING AG  STLN.S :
    * COMPLETES CAPITAL INCREASE WITH GROSS PROCEEDS OF CHF 247
MILLION
    * WILL RAISE GROSS PROCEEDS OF CHF 247 MILLION FROM CAPITAL
INCREASE
    * NET PROCEEDS OF APPROXIMATELY CHF 241 MILLION FROM CAPITAL
INCREASE WILL BE USED TO STRENGTHEN EQUITY OF SWISS STEEL
HOLDING AG AND TO REPAY CERTAIN AMOUNTS UNDER ITS CREDIT
FACILITIES

Source text for Eikon:  ID:nEQ9m139Ha 
Further company coverage:  STLN.S 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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