Hoffmann Green Cement Technologies (ISIN: FR0013451044, Ticker: ALHGR) (“Hoffmann Green Cement” or the “Company”), an industrial player committed to the decarbonation of the construction sector that designs and markets innovative cold produced, clinker-free cements, announces the completion of the issuance of convertible bonds (the “CBs”) subscribed by a fund managed by Inveready for a nominal value of €6 million, with the support of the European Union under the InvestEU programme. The CBs will expire on September 18, 2030 (the “Maturity Date”).
This press release follows the announcement, on September 5, of the signing of a binding agreement with Inveready, a Spanish institutional investor, for the issuance of €6 million in CBs. Inveready is a leading Spanish investment firm specializing in the small and medium-sized enterprise segment and manages more than €2 billion in assets.
At the same time, the capital increase with preferential subscription rights, also announced on September 5, 2025, remains open until September 23, 2025. All information relating to this transaction is available on the Company's website.
Julien Blanchard and David Hoffmann, Co-founders of Hoffmann Green Cement Technologies, say: “We are very proud to have entered into this transaction with Inveready, which provides us with structural financing on attractive terms. The support of a leading Spanish investor specializing in alternative financing is a strong endorsement of the relevance of our strategy and the strength of our industrial model. Thanks to this partnership, we will strengthen our resources to accelerate our investments in production, innovation and commercial development, and thus actively continue our contribution to the decarbonisation of the construction sector.”
Xavier Núñez-Romero, Investment Director at Inveready, added: “Since its creation, Hoffmann Green has experienced strong growth based on a disruptive technology. This fundraising enables it to pursue the commercial expansion and industrial innovation of its business in the construction sector. These investments are partly allocated to meet the R&D needs of the Company, which must continue to innovate in order to maintain its technological leadership to reinvent the cement industry. We are delighted to support Hoffmann Green in its mission: to build a sustainable and environmentally friendly future.”
Use of proceeds of the transaction
The issuance of CBs aims to support the Company’s working capital needs and other requirements related to organic growth such as R&D and capex, and will serve to strengthen the financial position of the Company, ensuring proper management of current assets and liabilities, and supporting expansion opportunities.
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