RealDolmen pays back convertible bond

RealDolmen NV announces that it has paid back the entire outstanding balance of €36.1 million of its 2% senior unsecured convertible notes with redemption price of 118.44% at the maturity date of 15 July 2012.

 

The company has also arranged new financing with a major bank and has used a first line of credit of €11 million for a fixed 3 year period. These credit lines are secured by the usual collateral.