Vivesto AB ADR (OASMY)

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Oasmia successfully completes private placements of new convertible instruments and new shares in the total amount of SEK 45,5 million
April 15 2016

Uppsala, Sweden, April 15, 2016 -- Oasmia Pharmaceutical AB (publ) (“Oasmia” or the “Company”) hereby announces that the Company has completed a private placement of a convertible loan in the amount of SEK 28,000,000 with an interest rate of 8.5 per cent per year, as well as 1,666,666 new shares directed to and placed with institutional and qualified investors in Sweden (the “Private Placements”). The convertible instrument issue is expected to provide the Company with SEK 28,000,000 and the new share issue SEK 17,500,000 before transaction related costs.


http://www.oasmia.com/news.asp?c_id=412