Theolia to raise Eu100m for debt restructuring

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Theolia to raise Eu100m for debt restructuring

Wind park operator Theolia is preparing a Eu100m rights issue as part of a debt restructuring to partly repay its convertible bond investors. The rights issue comes at a heavy 70% discount and shares will be sold for Eu1, compared with their Eu3.24 closing price on the last day before the announcement (December 28).

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