Brief: Panostaja signs EUR 30 mln financing arrangement

Panostaja Oyj

08/12/2015 14:30

Dec 8 (Reuters) - Panostaja Oyj  PNA1V.HE : 
    * Panostaja strengthens its financial position with a 30 million euro ($32.66 million) 
financing arrangement 
    * Package consists of 20 million euros in loans and a 10 million euros acquisition limit 
    * Loans are secured debt loans, lenders consist of a bank and institutions 
    * 5 million euros of the loans falls due 3 years from withdrawal and a share of 15 million 
euros falls due on Oct. 31, 2019 
    * Loans shall be withdrawn by April 30, 2016 
 
     
Source text for Eikon:  ID:nHSU65QV  
     
Further company coverage:  PNA1V.HE  
 
($1 = 0.9187 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))