December 20, 2017 / 11:44 AM / 6 months ago

BRIEF-Axactor: Agreement With DNB And Nordea About Refinancing Of Current Loan Agreement

Dec 20 (Reuters) - Axactor Ab (Publ):

* AXACTOR AB REACHES AGREEMENT WITH DNB AND NORDEA ABOUT REFINANCING OF

* ‍REACHED AGREEMENT WITH ITS’ TWO MAIN BANKS ABOUT TERMS FOR REFINANCING OF EXISTING DEBT FACILITY​

* ‍REACHED AGREEMENT WITH ITS’ TWO MAIN BANKS DNB BANK ASA AND NORDEA BANK AB​

* ‍NEW FACILITY HAS FINAL MATURITY 3 YEARS AFTER SIGNING​

* ‍DEBT FACILITY WILL INCREASE FROM CURRENT EUR 160M TO EUR 350M, WHEREOF 150M ARE IN FORM OF ACCORDION OPTIONS​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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