Latecoere SA logo

LAT - Latecoere SA News Story

€1.9 0.0  0.9%

Last Trade - 16/04/21

Sector
Industrials
Size
Small Cap
Market Cap £156.0m
Enterprise Value £284.0m
Revenue £358.0m
Position in Universe 463rd / 847

BRIEF-Latecoere Announces New Loan Agreements Totalling EUR 63 Mln

Mon 19th October, 2020 6:49am
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 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.