Acheter-Louer.Fr SA announced that it has received 0.75 million in funding.
November 25, 2013 at 11:00 pm EST
Acheter-Louer.Fr SA (ENXTPA:ALALO) announced a private placement of 5,000,000 convertible bonds at 0.15 per bond for gross proceeds of 750,000 on November 26, 2013. The bonds will be convertible into shares of the company at any time at a conversion price of 0.15 per share. The bonds will bear an interest rate of 6%. The duration for the issuance of the bonds is four years.
On November 26, 2013, Acheter-Louer.Fr SA closed the transaction.