Securing the growth and refinancing of the bond
Following the pandemic-related losses of the past two years, a financial package of measures is required in order to secure the refinancing of the CHF 100 million bond due in May 2023 and the necessary investments in the company’s growth.
The Extraordinary General Meeting approved the proposed capital increase with subscription rights offerings, in which the Canton of Basel-Stadt and Lupa Systems will jointly contribute at least CHF 68 million. The deadline for exercising the subscription rights is Monday, 10 October 2022.
