Holaluz-Clidom, S.A. announced that it has entered into an agreement for a private placement of convertible subordinated loans for proceeds of 11.37 million on September 30, 2021. The loans are convertible into company's ordinary shares at a conversion price of is 13.81. The loan expires on December 31. The transaction included participation from two investors from the European Union. The transaction is subject to approval from general meeting of shareholders of the company.