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EQS-News: u-blox AG: u-blox to repay outstanding bond
EQS Group-News: u-blox AG / Key word(s): Corporate
Ad Hoc Press Release
u-blox to repay outstanding bond
Thalwil, Switzerland - 8 April 2021 - u-blox (SIX:UBXN,OTC:UBLXF), a global leader in wireless and positioning technologies, announces that the outstanding CHF 60 million bond with a coupon of 1.625% p.a. and maturing on 27 April, 2021 will be entirely repaid from existing cash.
Following this repayment, the company's cash balance
will be approximately CHF 40 million.
u-blox investor releations contacts:
Switzerland and Europe:
Doris Rudischhauser, c/o Dynamics Group AG
Jeehae Linford, c/o The Equity Group Inc.
End of Media Release
|Phone:||+41 44 722 74 44|
|Fax:||+41 44 722 74 47|
|Listed:||SIX Swiss Exchange|
|EQS News ID:||1182086|
|End of News||EQS Group News Service|
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