Brief: Ricebran Technologies- Entered Into Mortgage Agreement With Continental Republic Capital
17/07/2020 11:33
July 17 (Reuters) - RiceBran Technologies RIBT.O :
* RICEBRAN TECHNOLOGIES - ENTERED INTO MORTGAGE AGREEMENT
PURSUANT
TO A SECURED PROMISSORY NOTE WITH CONTINENTAL REPUBLIC CAPITAL
* RICEBRAN TECHNOLOGIES - REPUBLIC WILL LEND COMPANY UP TO
$2.0
MILLION TERM LOAN
* RICEBRAN TECHNOLOGIES - WILL INCUR A FACILITY FEE EQUAL TO
1.0%
OF AMOUNT OF EACH ADVANCE UNDER AGREEMENT
Source text: https://bit.ly/2Wucu71
Further company coverage: RIBT.O
((Reuters.Briefs@thomsonreuters.com;))
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