Basware signs new term loan financing totaling EUR 30 million
Basware Corporation, stock exchange release, September 18, 2017 at 9.30amBasware signs new term loan financing totaling EUR 30 millionBasware has signed new term loan financing totaling EUR 30 million. The maturity of the facility is split with EUR 10 million maturing in September 2019 and EUR 20 million maturing in September 2020.The use of proceeds of both facilities is for general working capital purposes of the company and refinancing. EUR 20 million of current borrowings will be refinanced with the new facilities.The loan facilities extend Basware’s debt maturity profile,