Brief: Rush Factory Enters Into Financing Agreement With Its Main Owner Niemelän Markka & Ropo Oy

Sunborn International Oyj

17/02/2021 15:03

Feb 17 (Reuters) - Rush Factory Oyj  RUSHF.HE :
    * ENTERS INTO FINANCING AGREEMENT WITH ITS MAIN OWNER
NIEMELÄN
MARKKA & ROPO OY
    * ACCORDING TO AGREEMENT, NIEMELÄN MARKKA & ROPO WILL
PURCHASE
FUTURE RECEIVABLES FROM IMPORTANT SUBCONTRACTORS FROM CO
    * NIEMELÄN MARKKA & ROPO TO PAY SUBCONTRACTORS WITH RUSH
FACTORY
SHARES
    * MAXIMUM AMOUNT OF FINANCING IS EUR 800,000
    * AGREEMENT VALID UNTIL END OF 2022

Source text for Eikon:  ID:nGNE2nwzzV 
Further company coverage:  RUSHF.HE 

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