August 9, 2017 / 5:42 AM / 2 years ago

BRIEF-Soitec announces the successful early amortization of its 2018 OCEANES

Aug 9 (Reuters) - SOITEC SA:

* REG-SOITEC: SOITEC ANNOUNCES THE SUCCESSFUL EARLY AMORTIZATION OF ITS 2018 OCEANES WITH A 98.74% CONVERSION RATE

* EARLY REDUCTION OF DEBTS BY EUR 41.8 MILLION AND EQUITY REINFORCEMENT BY NEARLY SAME AMOUNT

* SHARE CAPITAL INCREASED BY 3.48%

* PROCESS GIVES TO SOITEC OPPORTUNITY TO HAVE A POSITIVE NET CASH POSITION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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