GENFIT announces satisfactory preliminary results of its OCEANEs’ partial buyback offer

On November 30, 2020 GENFIT (Nasdaq and Euronext: GNFT) a late-stage biopharmaceutical company dedicated to improving the lives of patients with metabolic and chronic liver diseases, today announces that (Press release, Genfit, NOV 30, 2020, View Source [SID1234571969]):

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•the reverse book building process for the partial buyback of GENFIT’s 6,081,081 convertible bonds maturing in October 2022 ("OCEANEs") achieved satisfactory results and ended on November 27, 2020 (COB) as planned;

•the Bond Purchase Agreements from investors having tendered their OCEANEs will be collected as quickly as possible and once the process is completed, GENFIT will communicate the final results of the partial buyback.