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BRIEF-Energica Motor Company: a first tranche of convertible bond loan issued
March 16, 2017 / 8:46 AM / in 7 months

BRIEF-Energica Motor Company: a first tranche of convertible bond loan issued

March 16 (Reuters) - Energica Motor Company:

* Said on Wednesday Atlas Special Opportunities has subscribed a first tranche of convertible bond loan consisting of 80 bonds for a total value of 800,000 euros ($859,040.00)

* There were also issued 10 warrants, which give right to subscribe to 281,690 Energica Motor Company shares at a price 4.26 euros per share during five years following the issue of tranche for a total value of about 1.2 million euros

Further company coverage: ($1 = 0.9313 euros) (Gdynia Newsroom)

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