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

Bevest ASA

01/04/2019 07:29

April 1 (Reuters) - STORM REAL ESTATE ASA  STORM.OL :
    * SAID ON FRIDAY CO SIGNED NEW SHORT-TERM AGREEMENT WITH
SWEDBANK
CONTAINING NEW LOAN COVENANTS
    * NEW SHORT-TERM AGREEMENT EXPIRES ONCE A LONG-TERM
AGREEMENT HAS
BEEN SIGNED, OR ON APRIL 30, 2019 LATEST
    * THE COMPANY IS LIKELY TO BREACH ITS LOAN COVENANTS BY THE
END OF
APRIL 2019

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nObihlW0ka
    
 Further company coverage:  STORM.OL  
   


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