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BRIEF-Frey signs credit loan agreement for 300 million euros
April 14, 2017 / 6:39 AM / in 6 months

BRIEF-Frey signs credit loan agreement for 300 million euros

April 14(Reuters) - Frey SA:

* Announced on Thursday that it has signed letter of commitment with syndicate of banks for credit loan of 300 million euros ($318.39 million) with initial duration of five years and two extension options of one additional year

* The credit bears interest EURIBOR 3 months and margin based on a rating of the usual financial covenants of this type of financing

Source text: bit.ly/2pdhQ7q

Further company coverage: ($1 = 0.9422 euros) (Gdynia Newsroom)

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