WM Capital S.p.A. announced that it has entered into purchase agreement for the private placement of 12,000 convertible bonds with a par value of 10,000 each for gross proceeds of 12,000,000 on March 28, 2022. The transaction will include participation from Golden Eagle Capital Advisors, Inc. The company will issue of 11 tranches, of which the first from 2,000,000, and the remainder from 1,000,000 each, against a 5% commitment fee for a maximum amount of 600,000, spread periodically through the use of a restricted current account into which an amount equal to 180,000, subtracted from the amount paid by GECA following the drawing by the company of the first tranche issued, in order to guarantee the investor the collection of a minimum annual fee equal to 180,000. Each bond will have a maximum duration of 12 months, starting from the date of issue of the same, and will be converted, or partially redeemed - up to a maximum of 33% of the equivalent, in any case within the aforementioned maximum duration.
1st Jan change | Capi. | |
---|---|---|
+6.13% | 7.41B | |
-32.64% | 3.24B | |
+5.82% | 2.66B | |
+11.38% | 1.75B | |
-9.32% | 1.08B | |
+31.69% | 907M | |
-7.64% | 714M | |
-3.60% | 606M | |
-8.30% | 539M |