July 11, 2017 / 1:44 PM / 4 months ago

BRIEF-Wolford secures financing until June 2018

July 11 (Reuters) - WOLFORD AG

* SECURES FINANCING UNTIL JUNE 2018

* HAS ALSO AGREED TO BE GRANTED BRIDGE FINANCING OF UP TO EUR 10 MILLION TO COVER ITS PEAK SEASONAL LIQUIDITY REQUIREMENTS

* AGREED WITH ITS BANKING PARTNERS TO HAVE ITS LINES OF CREDIT EXTENDED UP UNTIL JUNE 30, 2018

* IS ACTIVELY SUPPORTING PROCESS INITIATED BY MAIN SHAREHOLDERS TO SELECT INVESTORS INTERESTED IN PURCHASING A MAJORITY STAKE IN WOLFORD Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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