Brief: Storm Real Estate Signs New Short-Term Agreement With Swedbank

Bevest ASA

14/05/2019 09:09

May 14 (Reuters) - Storm Real Estate ASA  STORM.OL :
    * SAID ON MONDAY HAS SIGNED NEW SHORT-TERM AGREEMENT WITH
SWEDBANK, CONTAINING NEW LOAN COVENANTS
    * AGREEMENT EXPIRES ONCE A LONG-TERM AGREEMENT HAS BEEN
SIGNED, OR
AT THE LATEST ON MAY 27, 2019
    * COMPANY IS LIKELY TO BREACH ITS LOAN COVENANTS AT THE
EXPIRY OF
THE AGREEMENT

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nObijzPdWa
    
 Further company coverage:  STORM.OL  
   


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