Picture of Borgestad ASA logo

BOR — Borgestad ASA News Story

0.000.00%
no flag iconLast trade - 00:00
FinancialsSpeculativeMicro CapSuper Stock

Brief: Borgestad Signs Sale-Leaseback Deal For Production Facilities In Sweden

BRIEF-Borgestad Signs Sale-Leaseback Deal For Production Facilities In Sweden

- 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


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

Recent news on Borgestad ASA

See all news