Brief: Thalassa Holdings Announces Loan Facility Completion

Thalassa Holdings

27/01/2020 08:48

Jan 27 (Reuters) - Thalassa Holdings Ltd  THAL.L :
    * THALASSA HOLDINGS  - LOAN FACILITY COMPLETION - GITONE
    * THALASSA HOLDINGS LTD - ENTERED INTO A CONTRACT WITH
GITONE
BETEILIGUNGSVERWALTUNGS GMBH TO LEND EUR 11 MILLION TO PARTNER
THROUGH 2 TRANCHES
    * THALASSA HOLDINGS LTD - EUR 5.5 MILLION NOW AND EUR 5.5
MILLION
WITHIN SIX MONTHS THROUGH A CUMULATIVE LOAN ( "LOAN") WITH A
CONDITIONAL CONVERSION OPTION
    * THALASSA HOLDINGS LTD - LOAN ATTRACTS AN INTEREST RATE OF
0.75%
+ EURIBOR WHICH IS WAIVED IN EVENT OF CONVERSION

Source text for Eikon:  ID:nRSa9247Aa 
Further company coverage:  THAL.L 

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