Brief: Tessin Secures Financing Of SEK 12 Mln By Raising Convertible Loans

Tessin Nordic Holding AB

26/04/2024 07:55

April 26 (Reuters) - Tessin Nordic Holding AB (publ)
 TESSIN.ST :
    * SAID ON THURSDAY IT SECURES FINANCING OF SEK 12 MILLION BY
RAISING CONVERTIBLE LOANS THROUGH DIRECTED ISSUE OF CONVERTIBLE
BONDS TO TWO EXISTING SHAREHOLDERS 
    * PROCEEDS FROM CONVERTIBLE BOND ISSUE WILL BE USED TO
SECURE THE
CO'S SHORT-TERM CAPITAL NEEDS
    * MONTHLY INTEREST RATE OF 1.5% PER MONTH
    * EACH CONVERTIBLE HAS NOMINAL AMOUNT OF SEK 0.10, ISSUED AT
SUBSCRIPTION PRICE PER CONVERTIBLE OF 100% OF THE NOMINAL AMOUNT
    * TOTAL NOMINAL AMOUNT SEK 12,000,000
    * TROSERUMS FÖRVALTNINGS AB HAS SUBSCRIBED FOR SEK 6,000,000
AND
DAN BRANDER FOR SEK 6,000,000

        
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