Brief: HanseYachts AG Receives Financing Commitments Totaling EUR 17.1 Mln

HanseYachts AG

07/09/2020 16:57

Sept 7 (Reuters) - HANSEYACHTS AG  H9YG.DE :
    * HANSEYACHTS AG RECEIVES FINANCING COMMITMENTS TOTALING EUR
17.1
MILLION
    * TODAY RECEIVED A BINDING COMMITMENT FOR LOANS TOTALING EUR
13.0
MILLION FROM ALL LOCAL GERMAN BANKS INVOLVED IN FINANCING TO
STABILIZE OPERATIONAL BUSINESS OF COMPANY AND GROUP
    * COMPANY'S MAJORITY SHAREHOLDER, AURELIUS EQUITY
OPPORTUNITIES SE
& CO. KGAA, WILL ALSO PARTICIPATE IN FINANCING WITH AN
ADDITIONAL EUR 1.5 MILLION THROUGH ITS SUBSIDIARIES
    * COMMITMENTS FOR ADDITIONAL LOANS TOTALING APPROXIMATELY
EUR 2.6
MILLION TO FINANCE OPERATING COMPANIES IN FRANCE AND POLAND WERE
ALSO GIVEN BY RESPECTIVE LOCAL BANKS
    * TOTAL FINANCING COMMITMENTS OF EUR 17.1 MILLION WILL
ENSURE
STABILIZATION OF BUSINESS OPERATIONS

Source text for Eikon:  ID:nEQ8Vsvmla 
Further company coverage:  H9YG.DE 

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