Solwers Plc, Company release 19 May 2022 at 12.30
On 19 May 2022, Solwers Plc signed an agreement on expanding and amending the Financing Agreement signed in May 2021 with the company’s principal bank. A new EUR 15 million loan facility was added to the Financing Agreement, to be used for acquisitions in line with the company’s strategy. Loans under the acquisition facility can be withdrawn over a period of 2.5 years and the facility has an overall maturity of 5 years.
The amended Financing Agreement involves significantly reduced investment restrictions compared to the previous Financing Agreement. The collateral terms and the provisions concerning the determination of interest rates remain unchanged.
The amended Financing Agreement significantly contributes to the company’s ability to continue executing its strategy through acquisitions.
Solwers Plc
Board of Directors
For further information, please contact:
Roger Lindqvist, CFO, tel. +358 400 466 460
Certified Adviser:
UB Securities Oy, Ville Väisänen, CEO, tel. +358 40 588 5318
Distribution:
Nasdaq Helsinki Oy
Finnish Financial Supervisory Authority
Key media
www.solwers.fi
