Glaston’s new financing agreement linked to sustainability targets
Glaston Corporation Press release 25.3.2022 at 13.00Glaston Corporation has today signed a new long-term financing agreement to be used for refinancing its current financing arrangement as well as for general working capital and guarantee purposes. The financing agreement consists of EUR 30 million long-term loans as well as a EUR 25 million revolving credit facility. The agreement is for three years and includes two one-year options for extension of the loan period. Additionally, Glaston has agreed on bilateral guarantee limits with its financing banks.