(CercleFinance.com) – AB Science announces today that it has received the payment of an amount of 6.0 million euros for the first tranche of the loan of 15 million euros granted by the European Investment Bank (EIB).
The contract signed with the EIB provides for financing in two tranches of
6.0 million euros and a third tranche of 3.0 million euros.
Each loan tranche is accompanied by the issue of BSA.
The first tranche has a maturity of six years and is therefore repayable in December 2028, with an annual capitalized interest rate of 9.0% and the issue of 126,050 stock warrants each giving the right to subscribe to an ordinary share of AB Science at 8.61 euros for 15 years.
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