Brief: Terranet Decides To Carry Out Right Issue Of About SEK 75 Mln

Terranet AB

17/05/2023 08:12

May 17 (Reuters) - Terranet AB  TERRNTb.ST :
    * BOARD OF DIRECTORS HAVE DECIDED TO CARRY OUT RIGHT ISSUE
OF
UNITS OF ABOUT SEK 75 MILLION, REFINANCES OUTSTANDING LOAN
    * CO HAS ALSO REFINANCED ITS OUTSTANDING LOAN, INCLUDING
INTEREST,
OF SEK 30.4 MILLION WITH MATURITY UNTIL 30 JUNE 2024
    * HAS TODAY DECIDED TO CARRY OUT ISSUE OF UNITS CONSISTING
OF
SHARES, WARRANTS WITH PREFERENTIAL RIGHTS FOR EXISTING
SHAREHOLDERS OF ABOUT SEK 75.4 MILLION
    * RIGHTS ISSUE IS COVERED TO ABOUT 70% THROUGH SUBSCRIPTION
COMMITMENTS, UNDERWRITING COMMITMENTS, FROM AMONGST OTHER
LARGEST SHAREHOLDER IN CO

Source text for Eikon:  ID:nGNE4KLFCb 
Further company coverage:  TERRNTb.ST 

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