Brief: Icade Signs Revolving Credit Line Of 150 Million Euros

Caiss Regio Credi Agric Mutuel Paris Idf

17/06/2020 17:01

June 17 (Reuters) - ICADE SA  ICAD.PA :
    * ICADE SIGNS WITH CREDIT AGRICOLE CIB AND CREDIT AGRICOLE
D'ILE-DE-FRANCE A REVOLVING CREDIT LINE OF 150 M€
    * FUNDS, COMBINED WITH THOSE DONATED BY ICADE FOR THE SAME
AMOUNT
FROM JUNE 2020, WILL BE ALLOCATED TO RESEARCH ON COVID-19
VACCINES CARRIED OUT BY INSTITUT PASTEUR
    * NEW FUNDING BRINGS ICADE’S SECURED CREDIT LINES TO OVER
€2BN AND
STRENGTHENS ITS LIQUIDITY POSITION

Source text for Eikon:  urn:newsml:reuters.com:*:nNDL4CwbVn
Further company coverage:  ICAD.PA 

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