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BRIEF-Ricebran Technologies enters into definitive agreements for $8 mln private placement
February 10, 2017 / 1:27 PM / 6 months ago

BRIEF-Ricebran Technologies enters into definitive agreements for $8 mln private placement

Feb 10 (Reuters) - Ricebran Technologies

* Ricebran technologies enters into definitive agreements for an $8 million private placement consisting of a combination of debt and equity securities

* Ricebran technologies enters into definitive agreements for an $8 million private placement consisting of a combination of debt and equity securities

* Financing expected to result in an annual cash interest savings of approximately $500,000 net of oid

* Intends to use net proceeds from offering to repay approximately $4.2 million in debt Source text for Eikon: Further company coverage:

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