Arverne completes EUR 70 million ORANE convertible bond offering

Reuters2026/07/24 16:01

By:Reuters

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Arverne completed a EUR 70 million issuance of ORANE, fully subscribed by a consortium including Geogreen, Bpifrance, ADEME Investissement.
ORANEs carry a 7% annual interest rate, fully capitalized from the subscription date.
Repayment can be made in cash, new shares, or existing shares in Lithium de France and 2gré held by Arverne.
Proceeds target acceleration of the Dual Flow plan, including industrial scale-up, commercial development, and infrastructure rollout.
Additional funding options remain under review, including a potential capital increase.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arverne Group SA published the original content used to generate this news brief via Business Wire (Ref. ID: 20260724023063) on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Arverne completes EUR 70 million ORANE convertible bond offering

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