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BRIEF-Budget Telecom announces potential capital increase of 7.2 million euros
March 13, 2017 / 8:56 AM / 5 months ago

BRIEF-Budget Telecom announces potential capital increase of 7.2 million euros

March 13 (Reuters) - Budget Telecom SA:

* Project of issuing bonds with cash redemption option and / or new and / or existing shares of the company (ORNANE)

* Says potential capital increase of 7.2 million euros ($7.7 million)

* Announces subscription reserved for the European Select Growth Opportunities Fund

* Financing transaction is subject to approval of shareholders at Extraordinary General Meeting of April 18, 2017 Source text: bit.ly/2mCr4Ii Further company coverage: ($1 = 0.9366 euros) (Gdynia Newsroom)

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