Brief: GetBack Gets Loan From Main Shareholder

Capitea SA

30/04/2018 07:59

April 30 (Reuters) - GETBACK  GBK.WA :
    * SAID ON SATURDAY THAT IT HAS SIGNED A 2-YEAR LOAN
AGREEMENT WITH
DNLD HOLDING S.A.R.L. (DNLD)
    * 23.7 MILLION EURO LOAN SECURED AS A PART OF THE AGREEMENT
COULD
INCREASE TO UP TO 25 MILLION EUROS
    * THE LOAN WILL BE PAID OUT IN UP TO FOUR TRANCHES ON THE
BASIS OF
GETBACK'S MOTION TO LAUNCH THE LOAN
    * ACCORDING TO THE LOAN AGREEMENT, IF GETBACK DECIDES TO
ISSUE
SERIES F SHARES, DNDL COULD REQUEST AN EARLY REPAYMENT OF THE
LOAN OF UP TO THE AMOUNT IT WOULD USE TO ACQUIRE SHARES IN THE
CAPITAL INCREASE
    * DNLD HOLDINGS HAS A 60.07 STAKE IN GETBACK, ACCORDING TO
THE
INFORMATION ON THE COMPANY'S WEBSITE

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM2F4n1va
    
 Further company coverage:  GBK.WA  
   


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