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    NXT — Nueva Expresion Textil SA News Story

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    Brief: Nextil Approves Subscription Of 4.0 Mln Euro Participating Loan

    Picture of Nueva Expresion Textil SA logoNueva Expresion Textil SA
    25/10/2023 06:31
    Oct 25 (Reuters) - Nueva Expresion Textil SA  NXTE.MC :
    * SAID ON TUESDAY BOARD OF DIRECTORS OF COMPANY APPROVED THE
RELATED TRANSACTION WITH THE MAJORITY SHAREHOLDER OF THE
COMPANY, BUSINESSGATE
    * TRANSACTION CONSISTS OF SUBSCRIPTION OF NEW PARTICIPATING
LOAN
BY VIRTUE OF WHICH BUSINESSGATE GRANTS THE COMPANY  TOTAL AMOUNT
OF 4.0 MILLION EUROS
    * LOAN  FOR TERM OF ONE YEAR WITH THE POSSIBILITY OF
EXTENDING IT
UP TO 3 YEARS

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nCNM3VWtTd
 Further company coverage:  NXTE.MC  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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