on HOFFMANN GREEN CEMENT TECHNOLOGIES (EPA:ALHGR)
Hoffmann Green Cement raises €6 million via convertible bonds
Hoffmann Green Cement Technologies announced the issuance of €6 million in convertible bonds. Spanish investor Inveready subscribed to this transaction. Support from the European Union was obtained under the InvestEU program. The funds will be used to strengthen the company's capital base and accelerate its investments in production and innovation.
This fundraising follows the agreement signed with Inveready on September 5, 2025. Each bond, worth €100,000, carries an interest rate of 6%. Current shareholders could see their shares diluted if the bonds are converted into shares.
Julien Blanchard and David Hoffmann, co-founders of the company, emphasize that this partnership confirms the relevance of their strategy. Hoffmann Green aims to continue its efforts in decarbonizing the construction sector.
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