Brief: Newbury Pharmaceuticals Extends Existing SEK 15 Mln Loan Agreement

Newbury Pharmaceuticals AB

30/09/2024 08:10

Sept 30 (Reuters) - Newbury Pharmaceuticals AB
 NEWBRY.ST :
    * HAS AGREED TO EXTEND EXISTING 15 MSEK LOAN AGREEMENT
    * HAS AGREED TO A 12-MONTH EXTENSION OF LOAN AGREEMENT
    * LOAN TERMS REMAIN UNCHANGED EXCEPT FOR A NEW MATURITY DATE
OF
DECEMBER 31ST OF 2025, AND IT CARRIES AN INTEREST RATE OF 11%
PER ANNUM, PAYABLE AT END OF EACH QUARTER
    * LOAN IS INTENDED TO BE REPAID IN CASH

Source text for Eikon:  ID:nMFN36kJvH 
Further company coverage:  NEWBRY.ST 

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