Brief: Ideal Group Signed Agreement With Piraeus Bank For A 3-Year Common Bond Loan Of Up To EUR 11 Million

IDEAL HOLDINGS

06/05/2022 08:03

May 6 (Reuters) - Ideal Group SA  IDEr.AT :
    
    REPORTED ON MAY 5
    * THE ISSUANCE OF A SECURED COMMON BOND LOAN FOR AN AMOUNT
OF UP
TO 11 MILLION EUROS WITH PIRAEUS BANK 
    * THE PROCEEDS OF THE BOND LOAN WILL BE USED TO FINANCE
INVESTMENTS THROUGH ACQUISITIONS CONCLUDED BY THE COMPANY OR
THROUGH ANY OF ITS SUBSIDIARIES 
    * COMMON BOND LOAN WILL HAVE A 3-YEAR TENOR, WHICH CAN BE
EXTENDED
FOR 2 MORE YEARS

        
 Source text: https://bit.ly/38YqSgT 
 Further company coverage:  IDEr.AT  

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