Brief: Clavister Renegotiates Repayment Plan With EBI

Clavister AB

22/11/2023 14:44

Nov 22 (Reuters) - Clavister Holding AB  CLAVI.ST :
    * CLAVISTER AND THE EUROPEAN INVESTMENT BANK HAVE
RENEGOTIATED
REPAYMENT PLAN
    * LOAN WILL BE REPAID OVER PERIOD 2024 THROUGH 2028 -
EXTENDING
TIME FRAME BY 24 MONTHS COMPARED TO PREVIOUS REPAYMENT PLAN
    * MAJORITY OF REPAYMENTS WILL OCCUR TOWARDS END OF REPAYMENT
PERIOD, WITH CONSIDERABLY SMALLER AMORTIZATIONS IN YEARS 2024
AND 2025
    * DURING THESE TWO YEARS, A TOTAL OF ABOUT EUR 2.2 MLN WILL
BE
AMORTIZED, COMPARED TO EUR 15 MLN UNDER PREVIOUS CONDITIONS
    * INTEREST RATES REMAIN UNCHANGED, AS DOES ABSENCE OF
COVENANTS

Source text for Eikon:  ID:nMFN1P7X9N 
Further company coverage:  CLAVI.ST 

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