SOTKAMO SILVER HAS SIGNED A NEW SENIOR LOAN AGREEMENT WITH SUSTAINABILITY TARGETS AND PUBLISHES THE RESULTS OF THE WRITTEN PROCEDURE OF EUR 13,200,000 SENIOR FIXED RATE NOTES
Press release March 28, 2022Stockholm 15:00 CET Press release: Stockholm, March 28, 2022, 15.00 CET Sotkamo Silver AB’s wholly owned subsidiary Sotkamo Silver Oy (the “Company”) has entered into a EUR 14,600,000 senior loan agreement (the “New Senior Loan”) as a part of the refinancing of the Company's instruments that was announced on 11 January 2022. Summary of the new senior loan agreement: · The New Senior Loan carries an annual interest of EURIBOR 12 months (min. 0 %) and a margin of 6.5 % · The term of the New Senior Loan is 4 years and the termination date