Brief: Elvalhalcor In Investments And Reduction Of Loans The Raised Capital From Common Bond Loan Of EUR 250.0 Million

Elvalhalcor Hellenic Copper and Aluminium Industry SA

16/11/2021 17:39

Nov 16 (Reuters) - Elvalhalcor Hellenic Copper and Aluminium
Industry SA  ELHA.AT :
    * SAYS FROM COMMON BOND LOAN OF EUR 250.0 MILLION AMOUNT TO
EUR
30.0 MILLION WILL BE USED FOR INVESTMENTS IN REAL ESTATE RELATED
TO EXPANSION OF THE CO'S ACTIVITIES
    * SAYS EUR 60.0 MILLION € 60 MILLION WILL BE USED TO MEET
WORKING
CAPITAL NEEDS
    * SAYS REMAINING AMOUNT UP TO EUR 154.0 MILLION WILL BE
DISBURSED
TO REDUCE SHORT-TERM LOANS

Source text: https://bit.ly/3nkff8Q
Further company coverage:  ELHA.AT 

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