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Home » AUSTRALIA'S CHEMEQ ANNOUNCES CASH INJECTION FROM JAPAN'S MIZUHO
AUSTRALIA'S CHEMEQ ANNOUNCES CASH INJECTION FROM JAPAN'S MIZUHO
Australia-based veterinary drug producer Chemeq has announced that it has received an AUD60mn (US$45.51mn) investment stream from a UK-based financial securities unit of Japanese bank Mizuho.
The company indicated that it has agreed to issue 40,000 convertible bonds to Mizuho International worth roughly AUD40mn (US$30.36mn), with an additional AUD20mn (US$15.18mn) also to be made available in case of certain contingencies.
KEYWORDS Daily International Pharma Alert
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