Brief: Auriant Mining Announces Further Improvement Of Its Financing Terms With VTB
15/06/2021 11:35
June 15 (Reuters) - Auriant Mining AB AURIM.ST :
* REG-AURIANT MINING AB (PUBL.) ANNOUNCES FURTHER
IMPROVEMENT OF
ITS FINANCING TERMS WITH VTB
* VTB HAS AGREED TO REDUCE INTEREST RATE TO 3 MONTHS LIBOR
PLUS
3.7%. THIS REPRESENTS A SAVING OF 100BPS.
* REDUCTION COMES WITH NO BREAKAGE FEE.
* CANCELLATION OF A COMPULSORY "CASH SWEEP" CLAUSE IN LOAN
AGREEMENT WILL RESULT IN A STRONGER LIQUIDITY POSITION
Source text for Eikon: ID:nGNExlnkT
Further company coverage: AURIM.ST
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