Etrion Corporation Closes Books on Corporate Bond Refinancing
March 28, 2014, Geneva, Switzerland – Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX / OMX: ETX), a solar independent power producer, announces closing of books for a new EUR 80 million secured bond in the Norwegian bond market. The new bond has an annual interest rate of 8.0% and matures in April 2019. Net proceeds from the bond issue will be used to refinance the Company’s existing EUR 60 million corporate bond that pays 9.0% annual interest and matures April 2015 with ISIN NO0010607302 (“ETRION01 PRO”), as well as for general corporate purposes. Marco A. Northland, Etrion’