Brief: Nordic Iron Ore Enters Into Agreements On Set-off Commitments

Nordic Iron Ore AB

03/06/2024 08:49

June 3 (Reuters) - Nordic Iron Ore AB  NIO.ST :
    * SAID ON FRIDAY CO ENTER INTO AGREEMENTS REGARDING SET-OFF
COMMITMENTS, LOAN EXTENSIONS
    * ALL LENDERS EXCEPT KOPPARINVEST, BIZCAP AND LUBRICA EQUITY
HAVE
IN AGREEMENT UNDERTAKEN TO OFFSET ALL LOAN RECEIVABLES TO SHARES
IN CAPITALISATION THAT IS EXPECTED TO BE CARRIED OUT IN NEAR
FUTURE
    * KOPPARINVEST, BIZCAP AND LUBRICA EQUITY WILL INSTEAD
EXTEND
THEIR OUTSTANDING LOANS OF TOTAL OF SEK 8.0 MILLION PLUS ALSO
ACCRUED INTEREST FOR KOPPARINVEST UNTIL 30 SEPTEMBER 2024 ON
SAME TERMS AS BEFORE

        
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