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4 months ago
BRIEF-Oasmia mulls private placement of 40 mln SEK convertible loan
March 31, 2017 / 5:32 AM / 4 months ago

BRIEF-Oasmia mulls private placement of 40 mln SEK convertible loan

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March 31 (Reuters) - Oasmia Pharmaceutical AB

* Oasmia Pharmaceutical AB evaluates the possibility to carry out a private placement of a convertible loan of approximately SEK 40 million through a convertible instrument issue directed to a limited group of investors

* The Company intends to use the proceeds from the Private Placement to strengthen its working capital as well as finance its continuing operations Source text for Eikon: Further company coverage: (Reporting By Anna Ringstrom)

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