Brief: Dignitana Gets SEK 20 Mln Loan From Adma Förvaltnings AB

Dignitana AB

30/07/2020 07:12

July 30 (Reuters) - Dignitana AB  DIGN.ST :
    * STRENGTHENS OPERATING CAPITAL THROUGH A LOAN FROM ADMA FÖRVALTNINGS AB
    * HAS RECEIVED AN UNSECURED LOAN IN AMOUNT OF 20 MILLION SEK FROM ADMA FÖRVALTNINGS AB
    * LOAN WILL PROVIDE OPERATING CAPITAL NEEDED TO SUPPORT COMPANY'S AGGRESSIVE GROWTH STRATEGY
INTO
2021 FOCUSED ON UNITED STATES, EUROPE, AND ASIA
    * LOAN TERM IS 5 MONTHS WITH AN OPTION TO EXTEND TO END OF Q1 2021 AND IS BASED AT STIBOR
+700
BASIS POINTS.
    * ADMA IS LARGEST SHAREHOLDER IN COMPANY, HOLDING 26 PERCENT OF DIGNITANA SHARES.

Source text for Eikon:  ID:nWkr1L1XWy 
Further company coverage:  DIGN.ST 

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