Brief: Efore has rearranged its financing

Enedo Oyj

30/09/2016 12:00

Sept 30 (Reuters) - Efore Plc  EFO1V.HE : 
    * Has rearranged its financing 
    * Has agreed upon financing amounting to 6.8 million euros ($7.6 million) 
    * Jussi Capital Oy has issued an absolute guarantee for part of loan 
    * Financing arrangements will give Efore good opportunities to execute necessary actions 
that will enable positive operating result in 2017 
    * Simultaneously, Efore has received a waiver from financier regarding covenant breach that 
was disclosed in H1 financial report published on Aug. 10, 2016 
 
     
Source text for Eikon:  ID:nHSU6vxY  
     
Further company coverage:  EFO1V.HE  
 
($1 = 0.8957 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))