Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Atari SA issues 25.8 million-euro convertible bond; comments on FY 2013/2014 and FY 2014/2015 financial guidance


Friday, 24 Jan 2014 03:11pm EST 

Atari SA:Says it is to raise 25.8 million euros through a convertible bond (OCEANE) issue with preferential subscription rights.Says the issue could be increased to 28.75 million euros if there is demand.Says the bonds will reach maturity in 2019 and will pay an annual coupon of 10 percent.Says the bonds are convertible at the rate of 0.25 euro per share.Says shareholders may buy seven convertible bonds for every two shares held.Says the subscription period runs from Jan. 27 to Feb. 14.Says the convertible bond issue is the last stage of its restructuring process.Sees a restated current operating loss of less than $5 million for FY 2013/2014.Expects to almost break even in terms of its restated current operating result in FY 2014/2015. 

Company Quote

0.24
0.0 +0.00%
11:35am EST