Brief: Bong In Process To Refinance Its Current Bond

Bong AB

17/09/2021 12:14

Sept 17 (Reuters) - Bong AB  BOLJ.ST :
    * BONG IN PROCESS TO REFINANCE ITS CURRENT BOND
    * REFINANCING WITH A NEW BOND IN COMBINATION WITH BANK LOAN
    * REDUCTION OF DEBT FROM SEK 210 MILLION TO SEK 175 MILLION
    * A SENIOR SECURED BOND WILL BE ISSUED TO AMOUNT OF SEK 110
MILLION TO SEVERAL INVESTORS WHO HAVE AGREED TO TAKE PART IN NEW
BOND
    * REMAINING AMOUNT WILL BE REFINANCED WITH GERMAN BANK
COMMERZBANK
    * REFINANCING IS PLANNED TO TAKE PLACE AT MATURITY OF
CURRENT
BOND.

Source text for Eikon:  ID:nWkr5zDYKT 
Further company coverage:  BOLJ.ST 

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