EQS-News: u-blox AG: u-blox to repay outstanding bond
EQS-News: u-blox AG: u-blox to repay outstanding bond u-blox AG: u-blox to repay outstanding bond 08.04.2021 / 07:00 u-blox to repay outstanding bond Thalwil, Switzerland - 8 April 2021 - u-blox (SIX:UBXN,OTC:UBLXF), a global leader in wireless and positioning technologies, announces that the outstanding CHF 60 million bond with a coupon of 1.625% p.a. and maturing on 27 April, 2021 will be entirely repaid from existing cash. Following this repayment, the company's cash balance will be approximately CHF 40 million. u-blox has sizeable credit lines with banks for added flexibility and to sup...