Brief: Ekspress Grupp Extends Payments Of Loan Agreements

Ekspress Grupp AS

21/07/2021 06:40

July 21 (Reuters) - Ekspress Grupp AS  EEG1T.TL :
    * SAYS COMPANY AND AND SEB PANK SIGNED AMENDMENTS TO LOAN
AGREEMENTS AND NEW DUE DATE IS JULY 18, 2026 VERSUS APRIL 25,
2022
    * SAYS ACCORDING TO NEW AGREEMENT MONTHLY REPAYMENT WAS
REDUCED
FROM EUR 204,000 PER MONTH TO EUR 60,000 PER MONTH
    * SAYS NEW LOAN AGREEMENT WAS CONCLUDED WITH SEB PANK TO
REFINANCE
LOAN OF CITADELE BANKA AMOUNT OF EUR 2.1 MILLION
    * SAYS ACCORDING TO NEW AGREEMENT LOAN REPAYMENT SCHEDULE
WILL
REMAIN UNCHANGED AND NEW DUE DATE IS JULY 18, 2026 AND NOT JUNE
3, 2024
    * SAYS ACCORDING TO NEW AGREEMENTS INTEREST MARGIN WILL BE
IN THE
RANGE OF 1.75%-1.9% INSTEAD OF THE PREVIOUS 1.9%-3.9%

Source text:  ID:nGNE5rtRbH 
Further company coverage:  EEG1T.TL 

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