Brief: Teco 2030 To Convert Outstanding Convertible Bonds Of About NOK 79 Mln In Private Placement
12/04/2024 06:06
April 12 (Reuters) - Teco 2030 ASA TECO.OL :
* TECO 2030 AND BONDHOLDERS AGREE TO CONVERT A MAJORITY OF
THE
OUTSTANDING CONVERTIBLE BONDS IN AN UPCOMING PRIVATE PLACEMENT
* AGREED TO COMPLETE CONVERSION AT A PRICE PER SHARE NOK
2.00
* RECEIVED COMMITMENTS TO CONVERT ITS OUTSTANDING
CONVERTIBLE BOND
FROM BOND HOLDERS REPRESENTING ABOUT 83% OR ABOUT NOK 79 MILLION
OF TOTAL OUTSTANDING AMOUNT
Source text for Eikon: ID:nObi0YBD7a
Further company coverage: TECO.OL
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