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BIOPETROL INDUSTRIES AG Baarerstraße 53 / 55 6304 Zug, Switzerland http://www.biopetrol-ind.com
Company logo of BIOPETROL INDUSTRIES AG
BIOPETROL INDUSTRIES AG

BIOPETROL launches €75m convertible bond

(PresseBox) (Düsseldorf, )
BIOPETROL launches €75m convertible bond Zug, 1 February 2007. BIOPETROL INDUSTRIES AG, a leading producer of biodiesel in Europe, will launch an offering (“the Offering”) of €75m senior, unsecured, convertible notes with a 5 year maturity (“the Notes”).
The pre-emption rights of shareholders have been excluded. The Notes will be issued to finance the expansion of BIOPETROL. The company is going to increase its biodiesel capacity from 350,000 to 1,000,000 tons per year by building a third plant in Rotterdam. Simultaneously, the capacity for glycerine will increase to over 110,000 tons per year by 2008. In doing so, BIOPETROL will become
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.