Terranet secures approximately SEK 10 million in financing through convertible bonds and bridge loans
Terranet Holding AB (publ) (the "Terranet" or "the Company") has added approximately SEK 10 million in liquidity through the convertible bond issue, with preference for existing shareholders. The issue closed on March 27 and brought in approximately SEK 6.3 million in addition to a new bridge loan of approximately 3.6 SEK million. Through the loan agreement, the company has secured an important strategic relationship and a commitment for the next long-term financing. The loan agreement has a maturity of eight months and a 2% monthly interest rate. Upon full conversion, on the request