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ARTICLE | Financial News

Karolinska raises SEK347.9M

January 1, 2015 12:24 AM UTC

Karolinska Development AB (SSE:KDEV) raised SEK347.9 million ($44.6 million) through the sale of convertible bonds that mature on Dec. 31, 2019, have an 8% annual interest rate and may be converted into series B shares at SEK22.

Charoen Pokphand Group (Bangkok, Thailand) invested SEK272.9 million ($35 million). ...