Brief: Enedo Continues Planning Of Financing Arrangements For Strategy Execution And Profitability Turnaround

Enedo Oyj

29/12/2020 08:19

Dec 29 (Reuters) - Enedo Oyj  ENEDO.HE :
    * CONTINUES PLANNING OF FINANCING ARRANGEMENTS FOR STRATEGY
EXECUTION AND PROFITABILITY TURNAROUND
    * FINANCING ARRANGEMENTS IN ITALY HAVE BEEN COMPLETED
    * AS A RESULT OF THESE ARRANGEMENTS, ENEDO RAISED IN TOTAL
OF 2,7
MILLION EUROS OF ADDITIONAL DEBT IN ITALY DURING 2020
    * ALL ITALIAN LOANS INCLUDE A STAND-STILL AGREEMENT AND
AMORTIZATION FREE PERIOD UNTIL SUMMER 2021
    * CONTINUES PLANNING OF PARENT COMPANY FINANCING
ARRANGEMENTS
    * TARGET OF FINANCING ARRANGEMENTS IS TO SECURE EXECUTION OF
COMPANY STRATEGY AND PROFITABILITY TURNAROUND

Source text for Eikon:  ID:nGNE8NlZgf 
Further company coverage:  ENEDO.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))