Makheia got out of debt





Photo credit © Reuters

(Boursier.com) – With 12.1 million BSA-B exercised on December 15 and a participation rate of 95%, Makheia announces the end of its refinancing plan and confirms its attractiveness.

The BSA-B plan, started on January 6, 2021, was very successful, as the BSA-A plan had already confirmed. The continuation of the BSA-A plan, launched in July 2020, with the exercise of 16 million warrants and a participation rate of 91% had made it possible to raise a total of 3.4 ME.
The BSA-A which had been exercised until December 31, 2020 gave the right to exercise BSA-B.

The second part of the program ended on December 15th. The remainder of this program recorded 12.1 million warrants exercised, out of a total of 12.7 million, representing a participation rate of 95%.
The BSA-B made it possible to raise an additional 1.9 ME.

This BSA plan enabled the Group to overcome the Covid crisis, despite a market decline of more than 30%.

The Group recalls on this occasion that it was not able to benefit from PGE.

The success of the BSA plan allows it to be virtually debt-free, and even made it possible to anticipate the repayment of an additional tranche of CBs subscribed to with Isatis Capital.


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