Brief: 2CRSi Secures State-Guaranteed Loan Of Around EUR 10 Mln
Sept 29 (Reuters) - 2Crsi SA 2CRSI.PA :
* 2CRSI SECURES A STATE-GUARANTEED LOAN OF CA. €10 MILLION.
* LOAN HAS AN INITIAL MATURITY OF ONE YEAR AND AN EXTENSION
OPTION, EXERCISABLE BY 2CRSI, OF UP TO 5 ADDITIONAL YEARS
* LOAN, WHICH IS NON-DILUTIVE FOR SHAREHOLDERS, CARRIES A
FIXED
ANNUAL INTEREST RATE OF 0.25% FOR FIRST YEAR
Source text for Eikon: ID:nEQySC8ma
Further company coverage: 2CRSI.PA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
Recent news on 2Crsi SA
See all newsBrief: 2CRSi CEO Says Independent Expert To Be Appointed To Value Design-Services Agreement
Brief: 2Crsi SA Says Independent Expert Finds Allegation Of Fabricated Revenue Unfounded Following The Grizzly Research Report
Brief: 2CRSi Appoints Firm To Investigate Grizzly Research Allegations
France's 2CRSi annual revenue jumps on AI demand
Brief: ÆTHER Consortium Annouces Application For European Commission’S Ai Gigafactory Call For Proposals