Brief: MRM Secures 6-Month Maturity Extension Of Its Main Bank Loans

MRM SA

22/06/2020 16:50

June 22 (Reuters) - MRM SA  MRM.PA :
    * REG-MRM SECURES A 6-MONTH MATURITY EXTENSION OF ITS MAIN
BANK
LOANS
    * A EUR 54.7 MILLION CREDIT FACILITY INITIALLY MATURING ON
22
DECEMBER 2021, WHICH HAS BEEN EXTENDED UNTIL 22 JUNE 2022
    * A EUR 7.2 MILLION CREDIT FACILITY INITIALLY MATURING ON 20
DECEMBER 2022, WHICH HAS BEEN EXTENDED UNTIL 20 JUNE 2023
    * CONTRACTUAL AMORTISATION PAYMENTS SCHEDULED FOR Q2, Q3
2020 OF
EUR 1.2 MILLION POSTPONED UNTIL LAST TWO QRTRS PRIOR NEW
MATURITY OF EACH OF LOANS
    * SUSPENDED RECOVERY OF RENTS AND SERVICE CHARGES FOR APRIL
AND
MAY 2020 FOR ALL RETAILERS FORCED TO STOP TRADING DURING
LOCKDOWN

Source text for Eikon:  ID:nGNE3vsxvS 
Further company coverage:  MRM.PA 

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