CNL Capital: Individuals covered the bond loan

CNL Capital signed the Program of Terms of Issuance and Disposal of a Common Bond Loan up to the amount of 760,000 euros and for a period of one year, following the decision of its Board of Directors dated 11/02/22.

The bond loan was covered in its entirety by private investors, through a private placement.

As the company announced, the product of the aforementioned, non-mortgaged, Bond Loan, will be used to continue the investment strategy of CNL CAPITAL, according to the license its operation and its articles of association.

In more detail, the announcement of the listed company states:

«CNL CAPITAL (the “Company”) announces to its shareholders and the investing public that following the decision of its Board of Directors dated 11/02/22, it proceeded on 17/02/2022 to sign the Program of Terms of Issuance and Disposal of a Common Bond Loan up to an amount € 760,000 euros and lasting one year, according to the provisions of Law 4548/2018 and Law 3156/2003 as in force, which was covered in its entirety by private investors, through private placement.

The product of the aforementioned, non-mortgaged, Bond Loan, will be used for the continuation of the investment strategy of CNL CAPITAL, according to its operating license and the articles of association.”