Brief: PharmaSGP Takes Up Further Shareholder Loan From Futrue

PharmaSGP Holding SE

27/08/2021 14:13

Aug 27 (Reuters) - PHARMASGP HOLDING SE  PSGG.DE :
    * RELEASE ACCORDING TO ARTICLE 111C OF THE AKTG [THE GERMAN
STOCK
CORPORATION ACT] WITH THE OBJECTIVE OF EUROPE-WIDE DISTRIBUTION
    * INCREASE AND REPAYMENT OF LOAN FINANCING PROVIDED BY
MAJORITY
SHAREHOLDER
    * HAS TAKEN UP A FURTHER SHAREHOLDER LOAN FROM FUTRUE GMBH
    * NEWLY RAISED SHAREHOLDER LOAN IS UNSECURED AND HAS A
VOLUME OF
EUR 12 MILLION
    * LOAN INTEREST RATE WILL BE DETERMINED BASED ON BENCHMARK
ANALYSIS FOR APPLICABLE MARKET INTEREST RATE, WHICH HAS YET TO
BE CARRIED OUT
    * LOAN HAS A MINIMUM TERM UNTIL DECEMBER 31, 2021 AND IS
THEN
AUTOMATICALLY EXTENDED ONCE OR MORE TIMES, IN EACH CASE BY A
FURTHER THREE-MONTH PERIOD, UNTIL DECEMBER 31, 2022 AT LATEST,
UNLESS IT IS TERMINATED BY LENDER

Source text for Eikon:  ID:nEQ6xWK7Qa 
Further company coverage:  PSGG.DE 

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