Brief: Sivers Semiconductors Announces Expanded Loan Facility Of SEK 50 Mln
March 11 (Reuters) - Sivers Semiconductors AB
SIVEH.ST :
* ANNOUNCES AN EXPANDED LOAN FACILITY OF SEK 50 MILLION
* AGREED TO ENTERED INTO A LOAN AGREEMENT WITH FORMUE NORD
AND
PARTNERS EXTENDING PREVIOUS SEK 75 MILLION FACILITY
* NEW LOAN FACILITY INCLUDES A SEK 35 MILLION CONVERTIBLE
LOAN AT
A FIXED CONVERSION RATE OF 4.86 SEK
Source text for Eikon: ID:nWkrbw6QJk
Further company coverage: SIVEH.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
Recent news on Sivers Semiconductors AB
See all newsBrief: Sivers Semiconductors Announces Global Distribution Deal With Wt Microelectronics
EU chip stocks fall as Intel forecast, Big Tech results revive AI fears
Brief: Strategic LiDAR Customer Initiates Production Orders With Sivers Semiconductors
Brief: Sivers Semiconductors' Lidar Customer Starts Production Orders
Brief: Sivers Announces Investment To Expand Glasgow InP Facility