Klea Holding: launch of first CLN

(CercleFinance.com) - Klea Holding (ex-Visiomed Group) announces the launch of its first CLN (Credit-Linked Note), making the company the first French small cap to access this category of financing.


This new source of financing, in addition to cash of 2.5 million euros at the end of July, will be dedicated to refinancing the company's existing debt, as well as supporting its growth and expansion in the Middle East and France.

This two-year CLN carries an annual coupon of 12% for the duration of the investment, with capital returned to investors at maturity. The CLN includes a one-year extension option that can be activated at the issuer's request.

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