Brief: Santa Fe Group Says Reached Agreement With Proventus Capital Partners On Certain Amendments To Group's Financing Agreements

Det Oestasiatiske Kompagni A/S

28/03/2019 16:40

March 28 (Reuters) - Santa Fe Group A/S  SFGR.CO :
    * REG-AMENDMENTS TO FINANCING AGREEMENT - COMPANY
ANNOUNCEMENT NO
4/2019
    * REACHED AGREEMENT IN FORM OF A TERM SHEET WITH PROVENTUS
CAPITAL
PARTNERS ON CERTAIN AMENDMENTS TO GROUP'S FINANCING AGREEMENTS
    * FINAL MATURITY DATE FOR ENTIRE AMOUNT OF EUR 38M WILL BE
AMENDED
TO 1 APRIL 2020, WHEREBY NO REPAYMENTS BECOME DUE IN 2019
    * CO AND PROVENTUS HAVE AGREED TO WORK TOGETHER ON
INITIATIVES TO
FURTHER IMPROVE COMPANY'S CAPITAL STRUCTURE DURING YEAR
    * SANTA FE GROUP- GROUP UNDERTAKING RESTRUCTURING PLAN WITH
AIM OF
SIGNIFICANTLY REDUCING COST BASE AND IMPROVING CASH MANAGEMENT

Source text for Eikon:  ID:nGNE7vJgFP 
Further company coverage:  SFGR.CO 

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