Brief: SRP Groupe Strengthens Short And Medium-Term Financial Structure

SRP Groupe SA

30/04/2020 08:12

April 30 (Reuters) - SRP GROUPE SA  SRPG.PA :
    * SHORT AND MEDIUM-TERM FINANCIAL STRUCTURE STRENGTHENED
    * RENEWAL AND EXTENSION  OF EXISTING €65 MILLION BANK DEBT
    * ADDITIONAL €35 MILLION CREDIT FACILITY IN THE FORM OF A
STATE-GUARANTEED LOAN
    * PLANNED €8-10 MILLION CAPITAL INCREASE WITH PREFERENTIAL
SUBSCRIPTION RIGHTS MAINTAINED UNDERWRITTEN BY FOUNDING
DIRECTORS
    * SIGNED MAJOR AGREEMENT WITH ITS BNP PARIBAS, CAIDF,
SOCIÉTÉ
GÉNÉRALE AND BPIFRANCE TO SECURE AND SHORE UP ITS FINANCIAL
STRUCTURE

Source text for Eikon:  ID:nNDL3wPqhc 
Further company coverage:  SRPG.PA 

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