PR Newswire/Les Echos/
CHARGEURS
PRESS RELEASE
Paris, 12 March 2010
Chargeurs launches an offering of approximately EUR22.8 million aggregate
principal amount of subordinated bonds convertible into shares (obligations
subordonnées convertibles), with preferential subscription rights
Chargeurs launches an offering, with preferential subscription rights, of
subordinated bonds convertible into shares (obligations subordonnées
convertibles), with approximately EUR22.8 million aggregate principal amount
and with redemption at maturity on 1 January 2016. The proceeds from this
offering will be allocated to increasing the capital of Chargeurs SA by
EUR6 million, and Chargeurs Entoilage by EUR16 million, pursuant to the debt
restructuring agreement signed by Chargeurs and its partner banks.
***
This announcement does not constitute an offer to sell, or a solicitation of
offers to purchase, securities in the United States. The securities discussed
in this press release will not be and have not been registered under the
US Securities Act of 1933 (the "Securities Act") and may not be offered or sold
in the United States absent registration or an applicable exemption from the
registration requirements of the Securities Act. Chargeurs has no intention
to register any portion of the offering of these securities under the
Securities Act.
Press Contacts: +33 1 53 70 74 25 - Fax: + 31 1 71 72 33 67
Investors Contacts: + 33 1 71 72 33 53
The content and accuracy of news releases published on this site and/or
distributed by PR Newswire or its partners are the sole responsibility of the
originating company or organisation. Whilst every effort is made to ensure the
accuracy of our services, such releases are not actively monitored or reviewed
by PR Newswire or its partners and under no circumstances shall PR Newswire or
its partners be liable for any loss or damage resulting from the use of such
information. All information should be checked prior to publication.