Brief: Enertime Reduces Financing Line, Extends Its Duration

Enertime SAS

09/12/2022 17:19

Dec 9 (Reuters) - ENERTIME SAS  ALENE.PA :
    * REDUCTION OF THE FINANCING LINE AND EXTENSION OF ITS
DURATION IN
ORDER TO GUARANTEE THE CAPACITY TO FINANCE THE ACTIVITY IN THE
ENERGY SERVICE
    * THE 10 MEUR FINANCING LINE INITIALLY PUT IN PLACE, OF
WHICH ONLY
1 MEUR ACTIVATED, WILL EXPIRE ON DECEMBER 11, 2022
    * THIS EUR 2 MILLION LINE, WHICH DOES NOT INCLUDE ANY
WARRANTS, IS
NOT INTENDED TO BE USED BUT ALLOWS ENERTIME TO STRENGTHEN ITS
CAPACITY TO FINANCE THE FIRST PROJECTS PROJECTS CARRIED BY ITS
CIRCULAR ENERGY SUBSIDIARY, THE FINANCING OF WHICH IS THE
FINANCING OF WHICH IS BEING FINALIZED WITHOUT DRAWING ON THIS
LINE

Source text for Eikon:  ID:nACT77605 
Further company coverage:  ALENE.PA 
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