Brief: SATS Signs Agreement To Amend NOK 2,500 Million Facility

Sats ASA

02/07/2020 10:42

July 2 (Reuters) - Sats ASA  SATSA.OL :
    * SATS ASA: AMENDMENT TO THE EXISTING REVOLVING CREDIT
FACILITY
    * A TEMPORARY INCREASED LEVERAGE DUE TO REDUCED EBITDA
DURING
COVID-19 RELATED CLUB CLOSURE IN Q1 AND Q2 2020.
    * SIGNED AN AGREEMENT TO AMEND NOK 2,500 MILLION FACILITY.
    * WILL NOT DISTRIBUTE ANY DIVIDEND TO SHAREHOLDERS DURING
AMENDMENT PERIOD, ENDING ON 30 JUNE 2021.

Source text for Eikon:  ID:nObivRbcga 
Further company coverage:  SATSA.OL 

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