Loudspring and NEFCO agree on increasing loan facility with 1 million EUR and removing the conversion option
Loudspring Oyj Company Release, insider information 26.06.2020 at 14.30 EEST Loudspring and NEFCO (Nordic Environment Finance Corporation) have signed an amendment to the Convertible Loan Agreement originally signed 21 November 2018. The parties have agreed to increase the aggregate amount of the loan from 2,5MEUR with 1,0MEUR to 3,5MEUR and on removing the conversion option from the Agreement. Under the original agreement NEFCO had the right to convert the amount drawn down of the loan in part or in full at a 1,00€ per share conversion price during the conversion period that