Brief: Robit Signs Three-Year Revolving Credit Facility

Robit Oyj

08/06/2021 14:01

June 8 (Reuters) - Robit Plc  ROBIT.HE :
    * REG-ROBIT PLC’S FINANCING AGREEMENT RENEWED
    * ROBIT PLC HAS ON 8 JUNE 2021 SIGNED A NEW FINANCIAL
AGREEMENT OF
EUR 30 MILLION WITH ITS MAIN FINANCING BANK
    * NEW LOAN IS A THREE-YEAR REVOLVING CREDIT FACILITY WITH A
FIVE-YEAR LOAN PERIOD
    * LOAN WILL BE RENEWED ANNUALLY FOR NEXT THREE YEARS' PERIOD
AT A
TIME BASED ON EQUAL TERMS AGREED.
    * IN ACCORDANCE WITH FINANCIAL AGREEMENT, FIRST INSTALMENT
OF LOAN
AMOUNTING EUR 1.5 MILLION EXPIRES ON 31 DECEMBER 2021
    * SUBSEQUENTLY, INSTALMENTS OF EUR 1.5 MILLION WILL EXPIRE
BIANNUALLY.

Source text for Eikon:  ID:nGNE7LxXQM 
Further company coverage:  ROBIT.HE 

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