MND: new funding tools

© Reuters. MND: new funding tools

MND announces the introduction of new tools of financing to strengthen its financial structure and support its strategic plan horizon 2020, 150 million euros of turnover and 8% to 10% margin.

It has the intention to proceed with the issuance of convertible bonds for € 10 million in nominal value with european investors, as well as the establishment of a line of multi-annual financing by own funds of an amount maximum of $ 30 million.

The group development of ski areas, recreation sites, access roads and other infrastructure in the mountains, is also part of a project of free allocation of WARRANTS to all shareholders subject to the general meeting of 27 September.

Copyright (c) 2018 All rights reserved.

Like this post? Please share to your friends:
Leave a Reply