Use of proceeds

The Company plans to raise net proceeds of up to USD 67 million. The Company intends to use the proceeds from the issue to finance the following initiatives:

  • Purchase of new equipment, installation and infrastructure works for introduction of a new product line (VRLA AGM) with annual output of around 0.5 million conventional units
  • Optimization of capital structure and enhancement of financial position through repayment of the most expensive part of the loan portfolio 

WESTA Міжнародна науково-промислова корпорація «ВЕСТА»
ул. Пісаржевського, 5 м. Дніпропетровськ, 49005, Україна
+38 (056) 370-21-88, 370-22-03, 770-00-81
E-mail: westa@westa-inter.com