Tiscali SPA (IT:TSL) has released an update.
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Tessellis S.p.A. has issued 10 convertible bonds valued at EUR 1,000,000 to Nice & Green S.A. as part of an investment agreement. This move is part of a larger plan involving 31 tranches, aimed at raising up to EUR 62,000,000. The company, known for its ultrabroadband services, is leveraging this financial strategy to bolster its market position.
For further insights into IT:TSL stock, check out TipRanks’ Stock Analysis page.