Brief: ICA Bondholders Attending Meeting Voted "For" Resolution For Co To Contract Financial Indebtedness Through Term Facility

Arctic Paper SA

20/02/2018 21:02

Feb 20 (Reuters) - Arctic Paper Sa  ATC.WA : 
    * MEETING OF BONDHOLDERS WHO ACCEDED TO INTERCREDITOR 
AGREEMENT 
TO GRANT CONSENT TO OBTAINING ADDITIONAL FINANCING FOR COMPANY 
    * ICA BONDHOLDERS ATTENDING MEETING VOTED "FOR" RESOLUTION 
FOR CO 
TO CONTRACT FINANCIAL INDEBTEDNESS THROUGH TERM FACILITY UP TO 
PLN 25.8 MILLION 
    * PLN 25.8 MILLION TO BE GRANTED BY BANK ZACHODNI, BG BNP 
PARIBAS 
    * TERM FACILITY IS ADDITIONAL TRANCHE TO FINANCE, REFINANCE 
REPAYMENT OF ARCTIC PAPER GRYCKSBO'S DEBT UNDER LEASE BY SVENSKA 
HANDELSBANKEN 
 
Source text for Eikon:  ID:nWkr9Cvkkt  
Further company coverage:  ATC.WA  
 
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