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MHM Corporate Restructures Debt with New Bond Issuance
MHM Corporate has announced a debt restructuring strategy involving the issuance of new bonds redeemable in shares. The Paris-based company's initiative aims to enhance its capital framework by converting existing debt into bond instruments. The new bond issuance amounts to EUR 2,969,599, each with a nominal value of one euro. Key subscribers include Mr. Diede van den Ouden and Tonner Drones, both renouncing preferential subscription rights.
An existing bond, issued in October 2025, has been amended to align with the new issuance. This restructuring culminates in bonds worth EUR 3,689,909, redeemable in shares. Terms include a 5% annual interest rate and a maturity date set for December 31, 2029. Notably, bond redemption in shares cannot exceed 15% ownership.
While generating no direct cash, the initiative aims to significantly reduce financial indebtedness. MHM also plans a capital increase to support operational costs and future developments. The Board approved these measures on June 25, 2026.
R. P.
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