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BRIEF-Pyrolyx secures financing for its first production plant in U.S.
June 19, 2017 / 6:16 AM / 5 months ago

BRIEF-Pyrolyx secures financing for its first production plant in U.S.

June 19 (Reuters) - PYROLYX AG:

* ANNOUNCED ON SATURDAY THE SUCCESSFUL CONCLUSION OF A $30 MILLION DEBT FINANCING AGREEMENT WITH THE INVESTMENT BANK PIPER JAFFRAY & CO. (USA)

* FINANCING FOR THE CONSTRUCTION OF THE FIRST PRODUCTION PLANT IN INDIANA, USA, CARRIES INTEREST OF 7.25% P.A. AND HAS A TERM UNTIL DECEMBER 2028

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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