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hygear-issues-bond-loan-and-secures-new-supply-contract
hygear-issues-bond-loan-and-secures-new-supply-contract

HyGear issues bond loan and secures new supply contract

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HyGear, supplier of industrial gases through on-site generation and recovery technology, accelerates further by issuing a 6.5% bond loan via NPEX, the trading platform for growth capital. 

In total, HyGear aims to acquire €4.9m ($6m) to finance new installations that will produce hydrogen (H2) on-site at its customers locations in 2018 and 2019.

The bonds of €1,000 ($1,228) each will mature in six years’ time and investors can subscribe between March 29th and May 29th 2018. The subscription period closes as soon as the bond offering is fully subscribed.

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