Brief: NoHo Partners Has Concluded Negotiations Regarding A Financing Package
03/04/2020 07:02
April 3 (Reuters) - NoHo Partners Oyj NOHOP.HE :
* REG-NOHO PARTNERS PLC HAS CONCLUDED NEGOTIATIONS REGARDING A FINANCING PACKAGE
* NOHO PARTNERS OYJ - NEGOTIATIONS WITH COMPANY'S CURRENT FINANCERS IN ALL OF ITS MARKET
AREAS IN
FINLAND, DENMARK AND NORWAY HAVE BEEN CONCLUDED AND AN AGREEMENT WAS REACHED REGARDING A
FINANCING PACKAGE OF EUR 34 MILLION
* NOHO PARTNERS OYJ - INTEREST ON BRIDGE FINANCING IS UNDER 4 PER CENT, INCLUDING FINNVERA'S
GUARANTEE COMMISSION FOR EUR 15 MILLION OF FINANCING
* NOHO PARTNERS OYJ - ESTIMATES THAT ITS MONTHLY TURNOVER DURING STATE OF EMERGENCY WILL BE
OVER
EUR 1 MILLION AND MONTHLY EXPENSES WILL BE APPROXIMATELY EUR 2-3 MILLION PER MONTH, DEPENDING ON
ONGOING LEASE NEGOTIATIONS
Source text for Eikon: ID:nGNEbldlFZ
Further company coverage: NOHOP.HE
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