Apetit updates its credit limit and loan agreements
Apetit Plc, Stock Exchange Release, 26 June 2015 at 12.45 p.m.
Apetit Plc has agreed upon the reorganisation of its long-term credit facilities. The new binding and collateral-free credit facilities totalling EUR 40 million and intended for working capital financing will replace the current credit facility agreements worth EUR 25 million in total. The maturity of the credit facilities has been spread out to the years 2018 and 2020. The current EUR 50 million commercial paper programme will continue unchanged.
In addition to these, Apetit Plc has agreed upon a EUR 5 million investment loan that will mature in 2022.
The counterparties of the financing agreements are Pohjola Bank and Nordea.
Apetit Plc
Eero Kinnunen
Chief Financial Officer
Further information:
Eero Kinnunen, CFO, Apetit Plc, tel. +358 (0)10 402 4025
Copies to:
NASDAQ OMX Helsinki
Main media
www.apetitgroup.fi
Apetit - Delicious wellbeing. Apetit is a Finnish food company whose mission is to offer delightfully satisfying flavours and service experiences. Our product groups cover frozen vegetables and frozen ready meals, fresh fish and fish products, ready-to-use fruit and vegetable products, and grains and vegetable oils. The company’s shares are listed on NASDAQ OMX Helsinki Ltd. In 2014, the company’s net sales were EUR 385 million and it employed an average of 723 people. www.apetitgroup.fi
Share
Facebook
Twitter
LinkedIn
Email
