Brief: Latecoere Announces New Loan Agreements Totalling EUR 63 Mln

Latecoere SA

19/10/2020 06:49

Oct 19 (Reuters) - Latecoere SA  LAEP.PA :
    * LATÉCOÈRE ANNOUNCES NEW LOAN AGREEMENTS AND SHORT-TERM
NEGOTIABLE SECURITIES PROGRAM
    * LOAN AGREEMENTS TOTALLING EUR 63 MILLION SECURE STRONG
LIQUIDITY
POSITION, ENABLE TRANSFORMATION PLAN
    * A EUR 35 MILLION SHAREHOLDER LOAN FROM AN ENTITY BELONGING
TO
SEARCHLIGHT CAPITAL PARTNERS DUE ON APRIL, 2027
    * A SECOND ROUND OF PRÊT GARANTI PAR L'ETAT LOANS (PGE
LOANS) FOR
EUR 28 MILLION, INCREMENTAL TO INITIAL EUR 60 MILLION PGE LOANS
ANNOUNCED IN APRIL
    * HAS ALSO LAUNCHED A EUR 200 MILLION SHORT-TERM NEGOTIABLE
SECURITIES PROGRAMME REGISTERED ON AUG. 19 BY BANQUE DE FRANCE

Source text for Eikon:  ID:nBw7lSz4ta 
Further company coverage:  LAEP.PA 

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