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RSS FeedsEtrion Corporation Redeems EUR 40 million of Corporate Bonds
(WorldNews Switzerland)

 
 

18 july 2018 09:06:05

 
Etrion Corporation Redeems EUR 40 million of Corporate Bonds
(WorldNews Switzerland)
 


PRESS RELEASE Etrion Corporation Redeems EUR 40 million of Corporate Bonds July 18, 2018, Geneva, Switzerland - Etrion Corporation ("Etrion" or the "Company") (TSX: ETX / OMX: ETX), a solar independent power producer, has completed the redemption of its EUR 40 million of corporate bonds issued in 2014 that paid 8.0% annual interest and were to mature in April 2019 with ISIN NO0010709272. The 2014 bonds were redeemed at 101% of par plus accrued interest using a portion of the net proceeds from Etrion`s recently issued EUR 40 million of senior secured bonds that have an annual interest rate of 7.25% and mature in May 2021. The Company has...


 
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