February 7, 2018 / 10:17 AM / 13 days ago

BRIEF-British Automotive Holding Signs Credit Agreement With mBank

Feb 7(Reuters) - BRITISH AUTOMOTIVE HOLDING SA:

* SAID ON TUESDAY IT SIGNED TWO AGREEMENTS WITH MBANK FOR UP TO 140 MLN ZLOTY CREDIT LINE

* FROM MID-MAY 2018 CREDIT LINE WILL BE EXTENDED TO 170 MLN ZLOTYS WHEN COMPANY FULFILS AGREED CONDITIONS REGARDING ITS FINANCIAL STANDING

* CREDIT TO BE USED TO FINANCE ONGOING OPERATIONS

* PREVIOUS CREDIT AGREEMENT FOR UP TO 100 MLN ZLOTYS HAS BEEN TERMINATED Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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