Brief: Lassila & Tikanoja Signs New Revolving Credit Facility

Luotea Oyj

08/04/2020 16:04

April 8 (Reuters) - Lassila & Tikanoja Oyj  LAT1V.HE :
    * REG-LASSILA & TIKANOJA SIGNS A NEW REVOLVING CREDIT
FACILITY
    * AGREEMENT INCLUDES A ONE-YEAR EXTENSION OPTION.
    * REVOLVING CREDIT FACILITY WILL MATURE IN Q2 OF 2022.
    * REVOLVING CREDIT FACILITY HAS TWO FINANCIAL COVENANTS THAT
WILL
BE REVIEWED ON A QUARTERLY BASIS
    * TERMINATED ITS CURRENT EUR 30 MILLION REVOLVING CREDIT
FACILITY,
WHICH WOULD HAVE MATURED IN Q3 OF 2020

Source text for Eikon:  ID:nGNE6YJjZS 
Further company coverage:  LAT1V.HE 

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