Brief: Nicox Amends Bond Financing Agreement With Kreos To Provide Financial Flexibility In 2021

Nicox SA

29/01/2021 06:51

Jan 29 (Reuters) - Nicox SA  NCOX.PA :
    * NICOX AMENDS BOND FINANCING AGREEMENT WITH KREOS TO
PROVIDE
FINANCIAL FLEXIBILITY IN 2021
    * AMENDED ITS BOND FINANCING AGREEMENT WITH KREOS CAPITAL,
INTRODUCING AN ADDITIONAL ONE-YEAR PERIOD OF INTEREST-ONLY
PAYMENTS
    * EXTENSION OF OVERALL PERIOD OF LOAN BY 6 MONTHS TO JULY
2024
    * NEW ONE-YEAR INTEREST-ONLY PERIOD IS EXPECTED TO PROVIDE
APPROXIMATELY EUR 5.5 MILLION OF ADDITIONAL FLEXIBILITY IN 2021
    * INTEREST RATE OF BONDS REMAINS UNCHANGED AS A RESULT OF
THIS
AMENDMENT

Source text for Eikon:  ID:nGNE9b3y5c 
Further company coverage:  NCOX.PA 

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