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BRIEF-Efore has rearranged its financing
September 30, 2016 / 11:07 AM / a year ago

BRIEF-Efore has rearranged its financing

Sept 30 (Reuters) - Efore Plc :

* Has rearranged its financing

* Has agreed upon financing amounting to 6.8 million euros ($7.6 million)

* Jussi Capital Oy has issued an absolute guarantee for part of loan

* Financing arrangements will give Efore good opportunities to execute necessary actions that will enable positive operating result in 2017

* Simultaneously, Efore has received a waiver from financier regarding covenant breach that was disclosed in H1 financial report published on Aug. 10, 2016

Source text for Eikon:

Further company coverage: ($1 = 0.8957 euros) (Gdynia Newsroom)

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