Brief: Nobia Resolves On Fully Guaranteed Rights Issue
20/02/2024 06:39
Feb 20 (Reuters) - Nobia AB NOBI.ST :
* STRENGTHENS ITS FINANCIAL POSITION THROUGH A FULLY
GUARANTEED
RIGHTS ISSUE OF APPROXIMATELY SEK 1,250 MILLION AND EXTENDS
CREDIT FACILITIES
* PURPOSE OF RIGHTS ISSUE IS TO FINANCE REMAINING
INVESTMENTS FOR
JÖNKÖPING FACTORY AND TO STRENGTHEN BALANCE SHEET ALLOWING FOR
OPERATIONAL AND FINANCIAL FLEXIBILITY
* COMPANY HAS REACHED AN AGREEMENT WITH ITS LENDERS
REGARDING AN
AMENDMENT AND EXTENSION OF COMPANY'S REVOLVING CREDIT FACILITIES
Source text for Eikon: ID:nWkr2W9f8B
Further company coverage: NOBI.ST
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