Brief: Efore Agrees On Short-Term Bridge Financing

Enedo Oyj

31/07/2019 08:11

July 31 (Reuters) - Efore Plc  EFO1V.HE :
    * REG-EFORE HAS AGREED ON A SHORT-TERM BRIDGE FINANCING TO
SECURE
THE SALES OF TELECOMMUNICATIONS BUSINESS
    * HAS AGREED ON A SHORT-TERM FINANCING ARRANGEMENT OF EUR
1,0
MILLION WITH JUSSI CAPITAL OY
    * PURPOSE FOR FINANCING ARRANGEMENT IS TO SECURE POTENTIAL
ADDITIONAL WORKING CAPITAL NEED DURING SALES PROCESS AND SECURE
SUCCESSFUL COMPLETION OF ACQUISITION
    * CREDIT ARRANGEMENT HAS BEEN CONDUCTED ON MARKET TERMS.

Source text for Eikon:  ID:nGNE33MNZq 
Further company coverage:  EFO1V.HE 

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