Ukrainian startup PRNEWS.IO intends to raise 2 million euros through Eurobonds
The issue is secured by the company’s shares worth 15 million euros and is listed on the Nasdaq CSD exchange
PRNEWS OÜ, the management company of the online service PRNEWS.IO, will issue convertible bonds worth 2 million euros due in September 2022. The funds raised will be used to implement the company’s plans for expansion in foreign markets.
The total volume of the issue is € 2 million and is divided into convertible secured senior bonds with a par value of € 1,000. The offered coupon rate is 12% per annum.
The issue is secured by the company’s shares, which are worth 15 million euros, and are listed on the Nasdaq CSD stock exchange.
Detailed information about the issue and registration for updates are available via link https://investors.prnews.io.
ABOUT PRNEWS.IO
PRNEWS OÜ operates the world’s first online store of sponsored content with fixed prices for publications posted on the website www.prnews.io. Today it is the best online platform in Europe and Asia, bringing together more than 30 thousand online media publishers and clients from 55 countries.
In March 2020, the company became an official partner and supplier of sales and marketing services under the state program for digital identification and e-Residency status (Estonia).
In December 2019, the Ukrainian office of PRNEWS, according to the popular MC.Today magazine, entered the TOP-100 IT employers of Ukraine.
Source: news.liga.net
