Brief: Artificial Solutions Signs Renegotiated Credit Facility Agreement
26/01/2023 15:40
Jan 26 (Reuters) - Artificial Solutions International AB ASAIN.ST :
* SIGNS BINDING RENEGOTIATED CREDIT FACILITY AGREEMENT
* AGREEMENT WITH LENDER CAPITAL FOUR-PRIVATE DEBT IV FUND DMS QIAIF PLATFORM ICAV
* NEW TERMS FOR CREDIT AGREEMENT: ACCRUED INTEREST OF ABOUT SEK 28 MILLION TO BE WRITTEN OFF
* NEW TERMS FOR CREDIT AGREEMENT: YEARLY INTEREST RATE ONWARDS IS ADJUSTED DOWN TO 4.00%
* AGREEMENT WILL RESULT IN DEBT REDUCTION OF ABOUT SEK 145 MILLION IN TOTAL
Source text for Eikon: ID:nWkr965bnK
Further company coverage: ASAIN.ST
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