Brief: Prime Living Enters Loan Agreement

Studentbostader I Norden AB (publ)

22/03/2019 06:48

March 22 (Reuters) - Prime Living AB  PRIME.ST :
    * SAID ON THURSDAY ENTERED INTO AGREEMENT WITH CONSORTIUM
CONSISTING OF SHAREHOLDERS
    * AGREEMENT REGARDS LOAN OF ABOUT SEK 39.3 MLN
    * LOAN AMOUNT IS ISSUED WITH SO-CALLED "ORIGINAL ISSUE
DISCOUNT"
OF 25 PCT WHICH MEANS CO GETS PAYMENT OF SEK 29.5 MLN
    * REPAYMENT RUNS UNTIL JUNE 30, 2019 WITH YEARLY RATE OF 10
PCT

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBQNBg4QM
    
 Further company coverage:  PRIME.ST  
   


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