Brief: Novaturas Announces Agreement With Luminor Bank To Delay Payments Of A Long-Term Loan

Novaturas AB

06/10/2020 14:26

Oct 6 (Reuters) - Novaturas AB  NTU1L.VL :
    * SAYS AGREED WITH LUMINOR BANK TO DELAY PAYMENTS OF A
LONG-TERM
LOAN AND EXTEND THE OVERDRAFT
    * SAYS THE START OF PARTIAL PAYMENTS OF THE LONG-TERM LOAN
IS
POSTPONED FOR 5 MONTHS UNTIL THE END OF MARCH
    * SAYS THE OVERDRAFT LIMIT WHICH TODAY AMOUNTS TO EUR 3.6
MILLION
IS ALSO EXTENDED UNTIL MARCH, 31 2021
    * THAT INTENDS TO USE OVERDRAFT LIMIT TO SECURE ITS
LIQUIDITY
UNTILL ABLE TO RESUME MORE SUSTAINABLE OPERATIONS

Source text:  ID:nGNE3fP8K4 
Further company coverage:  NTU1L.VL 

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