Brief: Fram Skandinavian Unit Signs Term Sheet For Credit Line Of SEK 11 Mln

Fram Skandinavien AB (publ)

19/04/2022 07:16

April 19 (Reuters) - Fram Skandinavien AB (publ)  FRAMb.ST :
    * DRAGONLEND SIGNS TERM SHEET WITH LEADING FINTECH FINANCIER
IN
SOUTHEAST ASIA FOR ADDITIONAL CREDIT LINE OF APPROX. 11 MSEK
    * COMPANY'S SUBSIDIARY DRAGONLEND HAS SIGNED A TERM SHEET
WITH
SINGAPORE-BASED FINTECH COMPANY, ASPIRE, TO FINANCE DRAGONLEND'S
LOAN BOOK WITH A FURTHER APPROX. SEK 11 MILLION (MUSD 1.20) IN A
DRAWDOWN STRUCTURE (IE A STRUCTURE WHERE CREDIT CAN BE USED
GRADUALLY AS NEEDED)

Source text for Eikon:  ID:nBQN178dGg 
Further company coverage:  FRAMb.ST 

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