The maturity of the credit facility of SEK 100 million that Bactiguard received as a loan commitment in November 2015, has been extended until 31 December, 2017
In November 2015 Bactiguard entered a credit facility agreement of SEK 130 million, consisting of a loan commitment of SEK 100 million and a renewal of bank overdraft facility of SEK 30 million. Combined with the company’s cash position, the credit facility secures the refinancing of Bactiguard’s bond loan, which matures in December 2016. When utilizing the loan commitment, the credit according to the original loan agreement, matured 30 June 2017.
The loan agreement has today been updated with an extension of the maturity of the credit until 31 December, 2017. Other terms remain unchanged.
This is information that Bactiguard Holding AB (publ) is required to publish in compliance with the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 9 August, 2016, at 18.30.
For further information, please contact:
Fredrik Järrsten, CFO, mobile: +46 725 500 089
