Brief: Ignitis Grupe To Conclude A 2-Year Credit Line Agreement Of EUR 70.0 Million With Swedbank
Oct 24 (Reuters) - Ignitis Grupe AB IGN1L.VL :
* TO CONCLUDE A CREDIT LINE AGREEMENT OF EUR 70.0 MILLION
WITH
SWEDBANK AB
* THE CREDIT LINE WILL BE USED TO MANAGE WORKING CAPITAL
NEEDS AND
TO MAINTAIN ADEQUATELY LIQUIDITY OF THE GROUP
* THE AGREEMENT IS COMMITTED AND IS CONCLUDED FOR A TERM OF
24
MONTHS
* AFTER SIGNING THIS AGREEMENT THE TOTAL AMOUNT OF CREDIT
LINES
CONCLUDED BY THE GROUP WITH BANKS WILL AMOUNT TO EUR 844.0
MILLION
Source text: ID:nGNE7xCDld
Further company coverage: IGN1L.VL
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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