Tessellis Enhances Financial Strategy with Bond Issuance

Tiscali SPA (IT:TSL) has released an update.

Tessellis S.p.A. has issued 10 convertible bonds valued at EUR 1,000,000 to Nice & Green S.A. as part of an investment agreement. This move is part of a larger plan involving 31 tranches, aimed at raising up to EUR 62,000,000. The company, known for its ultrabroadband services, is leveraging this financial strategy to bolster its market position.

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