To offset a seasonal cash squeeze, Wedins, the financially stricken Swedish shoe and leathergoods retailing group has launched a convertible issue worth 34 million kroner (€3.7m-$4.7m) and contracted new loans for 36 million SEK (€3.9m-$5.0m). The bonds carry an annual interest of 8.5 percent and can be redeemed between May ...
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