Brief: Irras Receives Loan Financing Under European Guarantee Fund

Irras AB

29/07/2021 17:03

July 29 (Reuters) - Irras AB  IRRAS.ST :
    * IRRAS RECEIVES LOAN FINANCING UNDER EUROPEAN GUARANTEE
FUND
    * IRRAS AB  IRRAS.ST -SIGNS EUR 10 MLN LOAN FINANCING DEAL
WITH
EUROPEAN INVESTMENT BANK, SUPPORTED BY EUROPEAN GUARANTEE FUND
    * IRRAS AB  IRRAS.ST  - SPECIFIC TERMS AND CONDITIONS OF
FINANCING
AGREEMENT ARE NOT DISCLOSED 
    * IRRAS AB  IRRAS.ST  - INITIAL LOAN AMOUNTS WILL BE
RECEIVED
DURING 2021 
    * IRRAS AB -  WILL BE ABLE TO BORROW UP TO EUR 10 MLN IN TWO
LOAN
TRANCHES OVER COMING YEARS BASED UPON ACHIEVEMENT OF AGREED
PERFORMANCE CRITERIA 

Source text for Eikon:  ID:nWkr1r0sVS 
Further company coverage:  IRRAS.ST 

 ((Reuters.Briefs@thomsonreuters.com;))