Brief: Benefit Signs 205 Mln Zloty Financing Deal With EBRD And Santander Bank Polska

Benefit Systems SA

04/04/2022 07:02

April 4 2022 (Reuters) - Benefit Systems SA  BFT.WA :
    * SAID ON FRIDAY IT HAS SIGNED 205 MILLION ZLOTY LONG-TERM
FINANCING DEAL WITH EUROPEAN BANK FOR RECONSTRUCTION AND
DEVELOPMENT (EBRD) AND SANTANDER BANK POLSKA
    * FINANCING MAY BE INCREASED BY UP TO 35 MLN ZLOTYS
    * SOME OF COMPANY'S UNITS ARE PARTY TO DEAL
    * DEAL IS TO PROVIDE COMPANY WITH FINANCING WHICH CAN BE
USED FOR
INVESTMENT EXPENDITURE
    * THIS INVESTMENTS SPENDING INCLUDES GROUP'S ORGANIC GROWTH,
GROWING MULTILIFE PLATFORM, M&A, ECO INVESTMENTS, REFINANCING OF
COMPANY'S EXISTING DEBT AND GENERAL CORPORATE GOALS
    * FINANCING IS GIVEN FOR FIVE YEARS

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM4N1YL6a
 Further company coverage:  BFT.WA  

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