Meyer Burger to Sell 160 Million New Shares, Green Bond

• (PLX AI) - Meyer Burger Technology launches private placement of up to 160 million new shares and EUR 125 million green convertible bonds.
• • Proceeds from the offerings will provide Meyer Burger with additional financial flexibility to accelerate its ongoing transformation to a leading European manufacturer of solar cells and modules
• • New shares to be listed July 5
• • Bonds will be issued with a denomination of EUR 100,000 per Bond at 100% of their principal amount and are expected to carry a coupon between 2.75% and 3.25% per annum