Brief: Borgestad Signs Sale-Leaseback Deal For Production Facilities In Sweden
BRIEF-Borgestad Signs Sale-Leaseback Deal For Production Facilities In Sweden Oct 7 (Reuters) - Borgestad ASA BOR.OL:
SIGNING OF SHARE PURCHASE AGREEMENT FOR SALE-LEASEBACK TRANSACTION FOR PRODUCTION FACILITIES IN SWEDEN
HBF ENTERS SHARE PURCHASE AGREEMENT TO SELL GOLDCUP 40423 AB TO BJUV MUNICIPALITY
DEAL VALUES TWO PROPERTIES AT SEK 145 MILLION; PURCHASE PRICE APPROX SEK 139 MILLION
PURCHASE PRICE TO BE PAID IN THREE CASH INSTALMENTS OVER 24 MONTHS
DEAL TRIGGERS SEK 6 MILLION STAMP DUTY; NET CASH EFFECT APPROX SEK 139 MILLION
ESTIMATED ACCOUNTING GAIN FROM SALE APPROX SEK 102 MILLION UPON COMPLETION
SEK 10 MILLION OF NET PROCEEDS TO REDUCE GROUP'S INTEREST-BEARING DEBT
Source text: ID:nObi8kkPTa
Further company coverage: BOR.OL
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