Lehto Group Plc: Lehto’s new financing agreement entered into force
Lehto Group OyjInside information1 July, 2022 at 2.20 a.m. (EET)Lehto Group Plc (”Lehto”) announced on 20 May 2022 that it had signed a binding preliminary agreement on new financing with OP Corporate Bank plc (”OP”) and Nordea Bank Plc (“Nordea”). The preliminary agreement defined the main conditions for the new financing agreement. The most significant conditions were the completion of Lehto’s pipeline renovation business divestment, completion of the convertible bond issue and repayment of existing RCF credit facility and bilateral loans by 30 June 2022. The conditions related to