Brief: Wilex secures further financing with shareholder loan

Heidelberg Pharma AG

11/10/2016 09:35

Oct 11 (Reuters) - Wilex AG  WL6G.DE : 
    * Secures further financing with shareholder loan based on an existing financing commitment 
    * Signed a subordinated loan agreement for a total amount of up to 3.7 million euros ($4.14 
million) with main shareholder dievini Hopp BioTech holding GmbH & Co. KG, Walldorf, Germany 
    * Amount of loan corresponds to remaining amount of financing commitment from November 2015 
of up to 10 million euros that will secure company's cash reach into Q2 of 2017 
    * Loan does not have an expiration date, is unsecured and has an interest rate of 6 percent 
per annum 
 
Source text for Eikon:  ID:nEQbXNSht  
Further company coverage:  WL6G.DE  
 
($1 = 0.8928 euros) 
 
 (Gdynia Newsroom) 
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