Brief: Quantafuel Announces Amendment To Viridor Term Loan Agreement, Increasing Facility To Nok 1,000 Mln

Quantafuel AS

06/07/2023 23:20

July 6 (Reuters) - Quantafuel AS  QFUEL.OL :
    * | AMENDMENT TO VIRIDOR TERM LOAN AGREEMENT INCREASING
FACILITY
TO NOK 1,000M
    * ENTERED INTO BETWEEN QUANTAFUEL AS ("QUANTAFUEL") AS
BORROWER
AND PLANETS UK BIDCO LIMITED
    * EXTENDED TERMINATION DATE OF FACILITY FROM 31 MARCH 2024
TO 30
SEPTEMBER 2024.
    * QUANTAFUEL - EXISTING QUANTAFUEL SITE AT SKIVE HAS NOT
REACHED A
POINT OF POSITIVE CASH GENERATION, AND IS EXPECTED TO REQUIRE
FURTHER INVESTMENT

Source text for Eikon:  ID:nObiyzvf1a 
Further company coverage:  QFUEL.OL 

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