Brief: Kernel Holding Enters Into Waiver Letters With Lenders

Kernel Holding SA

11/01/2023 10:57

Jan 11 (Reuters) - Kernel Holding SA  KER.UAX :
    * ENTERS INTO WAIVER LETTERS WITH IN RELATION TO, INTER
ALIA,
NATIXIS PXF FACILITY, THE ING PXF FACILITY, EBRD FACILITY AND
EIB FACILITIES AND OTHER CREDIT AGREEMENTS IN EACH CASE, WITH
RESPECT TO THE PERIOD ENDING 30 JUNE 2023
    * WAIVER LETTERS WILL PROVIDE NECESSARY FINANCIAL STABILITY
FOR
GROUP DURING EFFECTIVE  PERIOD
    * AGREES WITH LENDERS, INTER ALIA AND AS APPLICABLE, TO
WAIVER AND
DEFERRAL, DURING PERIOD ENDING ON RELEVANT EFFECTIVE PERIOD, OF
ANY REPAYMENT OF PRINCIPAL, WAIVER OF SPECIFIED POTENTIAL OR
ACTUAL DEFAULTS OR EVENTS OF DEFAULT ARISING AS CONSEQUENCE OF
UKRAINIAN EVENTS

Source text for Eikon:  ID:nEM3SsK1ra 
Further company coverage:  KER.UAX 
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