BayWa rises on additional 500 mln euros loan agreement

Baywa AG

30/09/2024 07:03

** Shares in BayWa  BYWGnx.DE  rise around 9% in pre-market
trade after the German agricultural group announced on Sunday
that it secured an extension of its loan until the end of the
year
    ** BayWa secured an additional 500 million euros ($558.30
million) as part of an existing bridging loan agreement, amidst
its restructuring 
    ** BayWa's stock is down 59% year-to-date

($1 = 0.8956 euros)

 (Reporting by Tristan Veyet)
 ((Tristan.chabba@thomsonreuters.com))