Cdr Advance Capital S.p.A. (BIT:CDR) announced a private placement of CdR Advance Capital 2016-2022 – Obbligazioni Convertibili 5% bonds for gross proceeds of €4,950,000 on December 5, 2016. The bonds will carry an interest of 5% per annum and will mature on December 21, 2022. The value of the first semi-annual interest coupon, payable on December 31 amounts to €0.1370 per each bond.