May 15, 2017 / 5:14 AM / 2 months ago

BRIEF-Airesis SA: conclusion of mandatory convertible loans

1 Min Read

May 15 (Reuters) - AIRESIS SA:

* Conclusion of Mandatory Convertible Loans

* MANDATORY CONVERTIBLE LOANS HAVE BEEN ENTERED INTO ON MAY 12, 2017 AND BEAR 5.5% INTEREST PER ANNUM

* MCLS (PRINCIPAL AND ANNUALIZED INTEREST) ARE CONVERTIBLE AT A CONVERSION PRICE (STRIKE) OF CHF 1.36 PER SHARE

* MANDATORY CONVERTIBLE LOANS TOTALING CHF 3.5 MILLION WITH A MATURITY DATE ON SEPTEMBER 30, 2022 Further company coverage: (Gdynia Newsroom)

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