Brief: Ignitis Grupe To Conclude Loans Of EUR 225 Million

Ignitis Grupe AB

02/05/2023 14:08

May 2 (Reuters) - Ignitis Grupe AB  IGN1L.VL :
    * BOD APPROVED THE INTENTION TO CONCLUDE FINANCING AGREEMENT
OF
EUR 225 MILLION WITH MUFG BANK (AND MUFG BANK
    * THE AGREEMENT CONCLUDES TWO CREDIT FACILITIES A EUR 150
MILLION
TRADE FINANCE FACILITY AND A EUR 75 MILLION TERM LOAN
    * THE TRADE FINANCE FACILITY IS UNCOMMITTED AND COULD BE
USED FOR
CASH ADVANCES AND/OR ISSUING LETTERS OF CREDIT
    * THE TERM LOAN IS COMMITTED AND IS CONCLUDED FOR A 2-YEAR
TERM

Source text:  ID:nGNE9l8wq3 
Further company coverage:  IGN1L.VL 

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