Cybergun SA (FR:ALCYB) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Cybergun SA has completed its equitization process and signed an amendment to its trust agreement, allowing debt repayment flexibility through cash or new bonds. This move enables the company to extend its debt maturity while preventing the creation of new shares. HBR Investment Group, holding a significant portion of Cybergun’s debt, opted for repayment in new bonds.
For further insights into FR:ALCYB stock, check out TipRanks’ Stock Analysis page.