Pluri To Sell EIB Loan To Its Chairman And Largest Shareholder Alejandro Weinstein, Who Will Replace The EIB As Lender
Upon completion of the transaction, Mr. Weinstein will replace the EIB as lender under the existing loan arrangements and will succeed to all of the lender’s rights and remedies thereunder, as in effect at the time of
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Why It Matters
Pluri is selling a loan from a big bank to its chairman instead. This means the chairman is putting more of his own money into the company.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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