The House of Agriculture Spiroy S.A. announced that it will issue 1,500 convertible bonds at a price of €1,000 per bond for gross proceeds of €1,5000,000 on October 25, 2021. The transaction included participation from Bluemoon Capital Fund SP, a fund managed by Glafka Capital Ltd. The bonds carry an interest rate of 1.5% per year and will mature on December 31, 2027. The transaction has been approved by board of directors and shareholders of the company and is expected to close on November 5, 2021.