Brief: Duroc Signs New Bank Facility

Duroc AB

04/03/2020 15:02

March 4 (Reuters) - Duroc AB  DURCb.ST :
    * DUROC SIGNS NEW BANK FACILITY
    * AGREEMENT INCLUDES A LONG-TERM BANKING FACILITY TOTALLING
APPROXIMATELY SEK 400 MILLION
    * ENTERED INTO A FINANCING AGREEMENT WITH DANSKE BANK
    * REPAYS A SHORT-TERM LOAN OF SEK 180 MILLION, WHICH WAS
ENTERED
INTO TO FINANCE ACQUISITION OF COTTING GROUP
    * AS A RESULT OF NEW LOAN AGREEMENT, CO REPAYS A SHORT-TERM
LOAN
OF SEK 180 MILLION, WHICH WAS ENTERED INTO TO FINANCE
ACQUISITION OF COTTING GROUP IN JULY 2019

Source text for Eikon:  ID:nWkrWvTvL 
Further company coverage:  DURCb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))