Brief: Advanced Soltech Gets New 8-Year Financing With 6% Interest

Gigasun AB (publ)

15/09/2023 06:33

Sept 15 (Reuters) - Advanced SolTech Sweden AB (publ)
 ASAB.ST :
    * ADVANCED SOLTECH RECEIVES NEW 8-YEAR FINANCING WITH 6%
INTEREST
    * LOAN RUNS FOR 8 YEARS WITH 6% FLOATING INTEREST RATE
    * LOAN-TO-VALUE RATIO INCREASES IN THIS LOAN TO ABOUT 70% OF
ASSET
VALUE, VERSUS ABOUT 50% ON PREVIOUS FINANCING

Source text for Eikon:  ID:nMFN5qHQXX 
Further company coverage:  ASAB.ST 

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