Brief: Robit: Financing Agreement Renewed

Robit Oyj

17/06/2020 11:05

June 17 (Reuters) - Robit Plc  ROBIT.HE :
    * REG-ROBIT PLC’S FINANCING AGREEMENT RENEWED
    * HAS AGREED ON RESTRUCTURING OF EUR 24.5 MILLION IN LOANS
WITH
ITS MAIN FINANCING BANK.
    * CURRENT LOANS EXPIRING DURING 2020 AND 2021 (ALTOGETHER
APPROXIMATELY MEUR 17,0), REPAYMENT WILL BE POSTPONED BY ONE
YEAR,
    * IN NEW AGREEMENT, ROBIT PLC'S CURRENT LOANS EXPIRING
DURING 2020
AND 2021 (ALTOGETHER APPROXIMATELY MEUR 17,0), REPAYMENT WILL BE
POSTPONED BY ONE YEAR, MEANING A NEW DUE DATE ON 30 JUNE 2020
    * COMPANY'S INSTALMENTS OF LOAN (APPROXIMATELY MEUR 7,5)
WILL BE
POSTPONED SO THAT FIRST INSTALMENT OF MEUR 2,0 EXPIRES ON 31
DECEMBER 2020.
    * SUBSEQUENTLY, INSTALMENTS OF MEUR 2,0 WILL EXPIRE
HALF-YEARLY,
MEANING THAT FINAL INSTALMENT OF MEUR 1,5 WILL EXPIRE ON 30 JUNE
2022.

Source text for Eikon:  ID:nGNE1GHfNX 
Further company coverage:  ROBIT.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))