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.