Brief: Norwegian Block Exchange Secures NOK 100 Mln Equity Financing Facility

Norwegian Block Exchange AS

30/09/2022 13:57

Sept 30 (Reuters) - Norwegian Block Exchange AS
 NBX.OL :
    * SECURES A NOK 100 MILLION EQUITY FINANCING FACILITY
    * HAS TODAY SECURED A PROVISIONAL NOK 100 MILLION CAPITAL
COMMITMENT FROM LDA CAPITAL LTD BY ENTERING INTO A PUT OPTION
AGREEMENT
    * CAPITAL COMMITMENT HAS A MAXIMUM DURATION OF THREE YEARS,
AND
WILL BE RELEASED BASED ON DRAWDOWNS
    * NBX HAS RIGHT TO EXERCISE ON CAPITAL COMMITMENT AT ITS
SOLE
DISCRETION

Source text for Eikon:  ID:nObigmdsma 
Further company coverage:  NBX.OL 
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