Brief: Navya Obtains Non-Dilutive Loan Facility Of €4.5M Guaranteed By The French State

Navya SA

02/09/2020 16:51

Sept 2 (Reuters) - Navya SA  NAVYA.PA :
    * NAVYA OBTAINS NON-DILUTIVE LOAN FACILITY OF €4.5M
GUARANTEED BY
THE FRENCH STATE
    * WITH THIS LOAN, COMPANY'S AVAILABLE CASH AMOUNTS TO EUR
27.4
MILLION AS OF AUGUST 31, 2020
    * THIS LOAN IS 90% GUARANTEED BY FRENCH STATE WITH AN
INITIAL
MATURITY OF 12 MONTHS AND AN EXTENSION OPTION OF UP TO 5 YEARS
WHICH MAY BE EXERCISED BY NAVYA (UNTIL SEPTEMBER 2025)

Source text for Eikon:  ID:nBw9Rvs4Xa 
Further company coverage:  NAVYA.PA 

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