spot_img
Wednesday, September 28, 2022
spot_img

Evergreen, Lexcrea advise on Agile Content´s €3m convertible bonds signed with Inveready

Lexcrea has advised Agile Content on the issuance of €3 million convertible bonds signed with Inveready, represented by Evergreen Legal

-

Agile Content, a leading provider of digital TV/OTT and video delivery solutions, offering a competitive end-to-end portfolio of scalable products, SaaS applications, and cloud-based services for telecom and media companies has signed with Inveready Convertible Finance II, F.C.R., Inveready’s Strategic Public Equity vehicle, a total of 30 convertible bonds.

The decision, which was anticipated on May to the market got the approval of the General Shareholders Meeting.

The bonds, valued at €3 million, with a face value of €100,000 each, were issued in a single series, maturing in November 2026, so that the right and obligations corresponding to the bonds are identical. These funds will be used to accelerate the Company’s organic and inorganic growth by making strategic acquisitions in local markets in Europe and by consolidating their B2B2C business line, Agile TV.

In order to meet the eventual requests for conversion of the Bonds into shares of the company under the issue, Agile Content also agreed to increase the company´s share capital

Grupo Inveready is a shareholder of Agile Content, with 9.75%.

Lexcrea advised Agile Content on the issue with managing partner Silvia Martínez Losas along with lawyer Vadym Pidhorodetskyy.

Inveready, who currently owns a minority stake in the company (9.75%), was advised by Evergreen Legal with a team formed by founding partner Alberto Campo and counsel Yurena Medina

MOST READ NEWS

RyC secures art restitution seized in Civil War

A Ramón y Cajal Abogados´ Art Law, led by partners Rafael Mateu de Ros and Patricia Fernández Lorenzo, succeeded in getting the Ministry of...

Legal Dealmaker hosts a unique event that gathers more than 60 top Energy lawyers

With this event, Legal Dealmaker recognised the enormous talent and practice excellence in the Legal-Energy sector in Spain, after this media selection `Top 100...

Vicente López-Ibor Mayor, Top Energy Lawyers Tribute `HONOUR AWARD´ 2022

Legal Dealmaker is happy and proud to announce that Vicente López-Ibor Mayor, President of the European Federation of Energy Law Associations (EFELA) and President...
spot_img
spot_img
spot_img
spot_img
- Advertisement -spot_img
- Advertisement -spot_img
- Advertisement -spot_img
- Advertisement -spot_img
error: