Brief: AppSpotr Secures New Financing

Spotr AB

31/10/2019 08:41

Oct 31 (Reuters) - AppSpotr AB  APSTR.TE :
    * SAID ON WEDNESDAY EXPANDED AND RENEGOTIATED CONVERTIBLE
LOAN
AGREEMENT WITH NEW TERMS
    * SECURES NEW LOAN OF A TOTAL OF SEK 4.3 MLN THROUGH
RENEGOTIATING
OLD CONVERTIBLE LOAN OF SEK 2.8 MLN AS WELL AS SECURES NEW LOAN
OF SEK 1.5 MLN WITH OLD AND NEW CREDITORS
    * REACHES AN AGREEMENT ACCORDING TO WHICH THE NEW LOAN HAS
12%
INTEREST RATE AND DUE DATE ON OCTOBER 30, 2022

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr9q3nGL
    
 Further company coverage:  APSTR.TE  
   


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