Brief: Grupo Ezentis Signs Two Financial Contracts For Total Of 16.0 Mln Euros

Grupo Ezentis SA

31/01/2023 07:38

Jan 31 (Reuters) - Grupo Ezentis SA  EZEN.MC :
    * TWO INTERIM FINANCIAL CONTRACTS HAVE BEEN SIGNED FOR TOTAL
OF
16.0 MILLION EUROS UNDER RESTRUCTURING PLAN
    * PURPOSE OF THESE CONTRACTS IS TO SATISFY CERTAIN WORKING
CAPITAL
NEEDS AND OPERATIONS OF CO NECESSARY UNTIL MOMENT IN WHICH PLAN
OF RESTRUCTURING IS APPROVED AND BECOMES EFFECTIVE
    * FIRST CONTRACT FOR AMOUNT OF 10 MILLION EUROS BETWEEN
GRUPO
EZENTIS, EZENTIS FIELD FACTORY, AND EZENTIS TECNOLOGÍA, AS
BORROWERS AND GUARANTORS, AND ELECTRÓNICA CONER, AS LENDER
    * SECOND CONTRACT IS 6 MILLION EURO FINANCING AGREEMENT
BETWEEN
EZENTIS GROUP, EZENTIS FIELD FACTORY AND EZENTIS TECNOLOGIA, AS
BORROWERS AND GUARANTORS, AND EXCELSIOR TIMES, AS LENDER

Source text for Eikon:  ID:nCNM4mKJM3 
Further company coverage:  EZEN.MC 
 (Gdansk Newsroom)
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