Brief: Egide USA Signs Lease Back Deal With Tempus Cambridge For $6 Mln

Egide SA

28/06/2022 17:15

June 28 (Reuters) - EGIDE SA  EGID.PA :
    * ACCORD DE SALE/LEASE BACK DU BÂTIMENT DE CAMBRIDGE POUR
6M$
    * SALE/LEASEBACK AGREEMENT FOR CAMBRIDGE BUILDING FOR $6M
    * LEASE ATTACHED TO TRANSACTION IS FOR 15 YEARS WITH ANNUAL
RENT
OF $0.4 MILLION
    * AGREEMENT TO SIGNIFICANTLY REDUCE U.S. DEBT, FACILITATE
NEGOTIATION OF NEW REVOLVING CREDIT LINES TO REPLACE EXISTING
ONES

Source text for Eikon:  ID:nGNE4b2TwT 
Further company coverage:  EGID.PA 

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