This press release does not constitute an offer to subscribe or purchase any
securities - Not for publication, release or distribution in the United
States of America or any other country other than France
Boulogne-Billancourt, August 17th 2020
Financial Structure Strengthening: Implementation of the announced Bond Issue
As announced on July the 22nd juillet 2020 and August the 7th, Solocal Group
has issued a EUR 17,777,777 Bond on August the 14th 2020. This bond has been
issued with an OID of c. 10%, i.e. the cash amount received by the company has
been EUR 16 million.
This bond issue will be completed in the coming days by the full drawdown of
the announced "Prêt Atout" for EUR 16 million from BPIfrance Financement.
This bond issue and the drawdown of the "Prêt Atout", together acting as the
additional financing line of EUR 32 million, are part of the operations
contemplated in the financial structure strengthening plan and will secure the
very short-term cash needs of the Group.
This press release is for information purposes only and does not constitute an
offer to subscribe or sell any securities nor is it any form of solicitation
for the purpose of a purchase or subscription order for Solocal Group
securities in any country whatsoever, including France.
This press release does not constitute a prospectus within the meaning of
Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14
June 2017 on the prospectus to be published when securities are offered to the
public or admitted to trading on a regulated market, and repealing Directive
The release, publication or distribution of this press release in certain
countries may constitute a breach of applicable laws or regulations.
Consequently, people who are physically present in such countries in which this
press release has been released, distributed or published should inquire about
and comply with any local restrictions. This press release shall not be
released, published or distributed, directly or indirectly, in Australia,
Canada, Japan or in the United States of America.
Solocal Group declines any responsibility for any violation by any person of
such restrictions or of applicable legal restrictions.
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