Brief: Progress Werk Oberkirch Expands Its Financial Scope

PWO AG

16/02/2021 17:06

Feb 16 (Reuters) - PROGRESS WERK OBERKIRCH AG  PWOG.DE :
    * PREPARES FOR FUTURE GROWTH AND EXPANDS ITS FINANCIAL SCOPE
    * TO TAKE OUT AN ADDITIONAL LOAN FROM KFW SPECIAL PROGRAM
2020
("KFW ENTREPRENEUR LOAN 037") IN AMOUNT OF EUR 30 MILLION
    * NOW HAVE A TOTAL OF OVER EUR 130 MILLION IN FREE CREDIT
LINES
AVAILABLE
    * ADDITIONAL FUNDS WILL BE USED TO IMPROVE THE FINANCIAL
SCOPE
    * LOAN FINANCING HAS A TERM UNTIL DECEMBER 30, 2023
    * THERE HAS BEEN AN AGREEMENT INCLUDED ALLOWING EARLY
TERMINATION
AT ANY TIME.

Source text for Eikon:  ID:nEQbhQYQqa 
Further company coverage:  PWOG.DE 

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