Brief: S2Medical Secures New Loan Agreement, Aims To Be Debt-Free By July 2024

S2Medical AB (publ)

04/07/2023 09:52

July 4 (Reuters) - S2Medical AB (publ)  S2ME.ST :
    * S2MEDICAL AB SECURES NEW LOAN AGREEMENT AND AIMS TO BE
DEBT-FREE
BY JULY 2024
    * LOAN CARRIES A MONTHLY INTEREST RATE OF 3% UNTIL DECEMBER
2023
AND WILL BE REDUCED TO 1.5% THEREAFTER
    * WITH NEW FINANCING STRUCTURE,, AFTER AN INITIAL REPAYMENT,
A
REMAINING LOAN DEBT OF APPROXIMATELY SEK 8.1 MILLION WILL BE
RETAINED

Source text for Eikon:  ID:nWkrGlv29 
Further company coverage:  S2ME.ST 

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