Brief: Valoe Issues EUR 3 Mln Convertible Bond

Valoe Oyj

10/08/2022 11:42

Aug 10 (Reuters) - Valoe Oyj  VALOE.HE :
    * ISSUES A 3 MILLION EURO CONVERTIBLE BOND
    * IN ORDER TO STRENGTHEN VALOE CORPORATION'S WORKING CAPITAL
SITUATION AND CAPITAL STRUCTURE AND TO PREPARE FOR ORDERS IT
EXPECTS FROM AUTOMOTIVE INDUSTRY COMPANY ISSUES A CONVERTIBLE
BOND OF EUR 3.0 MILLION AT MOST
    * CONVERTIBLE BOND IS A CAPITAL LOAN
    * LOAN PERIOD SHALL COMMENCE ON PAYMENT DATE AND EXPIRE ON
30 JUNE
2024 ON WHICH DATE CONVERTIBLE BOND SHALL EXPIRE TO BE REPAYABLE
IN ITS ENTIRETY IN ACCORDANCE WITH TERMS OF LOAN

Source text for Eikon:  ID:nGNE9SxbNq 
Further company coverage:  VALOE.HE 

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