Brief: Enertime Receives Counter-Guarantee From BPI France

Enertime SAS

19/06/2019 07:37

June 19 (Reuters) - ENERTIME SAS  ALENE.PA :
    * SAID ON TUESDAY IT RECEIVED COUNTER-GUARANTEE FROM BPI
FRANCE
AND RENEWED BOND FINANCING LINE
    * COUNTER-GUARANTEE FOR EXPORT BANK BONDING FACILITY OF EUR
1 MLN
    * OBTAINED PRE-FINANCING OF CONTRACT WITH BGE ENSYS IN
THAILAND
    * RENEWAL FOR TWO YEARS OF ODIRNANE LINE NEGOTIATED WITH THE
INVESTMENT FUND YA II PN, LTD.
    * THIS LAST TRANSACTION WOULD POTENTIALLY RESULT IN EQUITY
FINANCING OF EUR 1.5 MLN CORRESPONDING TO REDEMPTION IN SHARES
OF ALL ODIRNANE BONDS TO BE ISSUED

    
 Source text for Eikon:  ID:nACT58884 
    
 Further company coverage:  ALENE.PA  
   


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