Europlasma SA (FR:ALEUP) has released an update.
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Europlasma SA has drawn the first two tranches of its €30M bond loan, resulting in the issue of 400 convertible bonds for a total nominal amount of €2M to support its growth and finance acquisitions. This strategic financial move includes the purchase of MG-Valdunes and the modernization of Europlasma Group’s subsidiaries, while also continuing its core green industry activities. However, the financing could lead to share price volatility and significant shareholder dilution.
For further insights into FR:ALEUP stock, check out TipRanks’ Stock Analysis page.
