24SevenOffice issues a 30+30 MUSD bond

Chairman of the Board Stian Rustad

24SevenOffice has today resolved to propose that an extra general meeting resolves to issue convertibles of approximately 30 MUSD directed to Lugard Road Capital (“Lugard”).  Lugard is an US investor who currently owns 7.39 percent of the outstanding shares in 24SevenOffice.  Lugard will also commit to lend an additional approx 30 MUSD by subscribing for […]