Brief: SNP - Successful Refinancing Of The Promissory Note Loan

SNP Schneider-Neureither & Partner SE

10/03/2022 13:34

March 10 (Reuters) - SNP SCHNEIDER NEUREITHER & PARTNER SE
 SHFG.DE :
    * SUCCESSFUL REFINANCING OF THE PROMISSORY NOTE LOAN
    * HAS AGREED WITH A TOTAL OF FOUR BANKS ON REFINANCING OF A
PROMISSORY NOTE LOAN ISSUED IN 2017
    * DUE TO STRONG INTEREST AND ATTRACTIVE FINANCING
CONDITIONS,
FUNDS TOTALING EUR 32.5 MILLION WERE RAISED OVER AND ABOVE
NECESSARY REFINANCING VOLUME OF EUR 26 MILLION
    * LOANS HAVE A VARIABLE INTEREST RATE AND A TERM OF FIVE
YEARS,
WITH A CURRENT INTEREST RATE OF 1.50% P.A
    * RAISED CAPITAL WILL BE USED TO REDEEM PROMISSORY NOTE LOAN
WITH
A VOLUME OF EUR 26 MILLION

Source text for Eikon:  ID:nEQ5swVVxa 
Further company coverage:  SHFG.DE 

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