July 29 (Reuters) - Sociedad Estatal de Participaciones Industriales:
COUNCIL OF MINISTERS AUTHORISES SEPI TO MAKE INVESTMENT IN TALGO
AUTHORISES SUBSCRIPTION OF CAPITAL INCREASE IN TALGO FOR 45 MILLION EUROS WITH EXCLUSION OF PRE-EMPTIVE SUBSCRIPTION RIGHTS
CAPITAL INCREASE THROUGH EMISSION OF 10.588.235 SHARES WITH NOMINAL VALUE OF 0.301 EUROS
ALSO SUBSCRIPTION OF BONDS CONVERTIBLE INTO TALGO SHARES FOR 30 MILLION EUROS
FIXED RATE OF 10.21% P.A., CAPITALISABLE AND PAYABLE AT MATURITY IN 8 YEARS (POSSIBLE EXTENSION TO 10 YEARS)
INVESTMENT SUBJECT TO FULFILMENT OF NUMBER OF CONDITIONS
Source text: ID:nCNM5t7Lyq, nFWN3TK21Q
Further company coverage: TLGO.MC
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