Brief: Valoe Agrees On EUR 2.5 Million Financial Facility With NEFCO

Valoe Oyj

06/05/2020 07:56

May 6 (Reuters) - Valoe Oyj  VALOE.HE :
    * REG-VALOE HAS AGREED ON AN EUR 2.5 MILLION FINANCIAL
FACILITY
WITH NEFCO. THE FUNDING WILL BE USED FOR VALOE’S CELL PLANT
INVESTMENT IN LITHUANIA. VALOE AIMS TO ARRANGE ANOTHER SHARE
ISSUE IN JUNE 2020.
    * BOARD OF DIRECTORS AGREED ON AN EUR 2.5 MILLION FINANCING
FACILITY WITH NORDIC ENVIRONMENT FINANCE CORPORATION (NEFCO)
    * FUNDING ALSO ENABLES PAYMENT OF REMAINING PURCHASE PRICE
OF
SOLAR CELL PRODUCTION BUSINESS OF JCS SOLITEK RESEARCH AND
DEVELOPMENT BETWEEN VALOE AND GLOBAL BOD GROUP SIA

Source text for Eikon:  ID:nGNE6LVjNt 
Further company coverage:  VALOE.HE 

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