Brief: Summa Defence Signs Amended Loan Deal With Largus Holding
BRIEF-Summa Defence Signs Amended Loan Deal With Largus Holding July 3 (Reuters) - 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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