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SUMMA — Summa Defence Oyj News Story

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Brief: Summa Defence Signs Amended Loan Deal With Largus Holding

BRIEF-Summa Defence Signs Amended Loan Deal With Largus Holding

- Summa Defence Oyj SUMMA.HE:


  • AGREES TO CONVERT €8 MILLION BRIDGE LOAN INTO CONVERTIBLE BOND

  • CONVERTIBLE BOND PRINCIPAL AMOUNT ABOUT €8.6 MILLION

  • HAS SIGNED AN AMENDED LOAN AGREEMENT WITH LARGUS HOLDING AB

  • CONVERTIBLE BOND BEARS INTEREST AT RATE OF 14% PER ANNUM, AND LOAN MATURES FOR REPAYMENT ON MARCH 31, 2027

  • LARGUS HOLDING AB MAY CONVERT BOND INTO SHARES AT €0.2 PER SHARE

Source text: ID:nWkr64PfS8

Further company coverage: SUMMA.HE


(Gdansk Newsroom)

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