Brief: Mytaste Group Refinances Existing Financing Arrangements

BrightBid AB (publ)

24/04/2019 12:02

April 24 (Reuters) - myTaste AB (publ)  TASTE.ST :
    * MYTASTE GROUP REFINANCE EXISTING FINANCING ARRANGEMENTS
    * HAS ENTERED A FINANCING AGREEMENT WITH NORDEA BANK.
    * AGREEMENT CONCERNS A REFINANCING OF MYTASTE GROUP'S
EXISTING
FINANCING ARRANGEMENTS
    * AGREEMENT WILL SUPPORT MYTASTE GROUP'S STRATEGY TO GROW
ORGANICALLY AND THROUGH ACQUISITIONS
    * BANK FINANCING IS ACCUMULATED TO SEK 20 MILLION AND WITH
POTENTIAL TO GET ADDITIONAL BANK FINANCING ON UPCOMING
ACQUISITIONS
    * BANK FINANCING CONSISTS OF A BANK LOAN OF SEK 20 MILLION
AND AN
AGREEMENT ON A SO-CALLED CASH CREDIT FACILITY OF SEK 4 MILLION
    * NEW BANK FINANCING RUNS FOR FIVE YEARS

Source text for Eikon:  ID:nWkr48q9rW 
Further company coverage:  TASTE.ST 

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