Basware amends its debt facility with Macquarie Capital Principal Finance – Will realize a cash benefit of minimum EUR 12 million
Basware Corporation, insider information, 12 July, 2021 at 12.35 p.m. EESTBasware Corporation (“Basware” or the “Company”) has completed an amendment agreement of its debt facility (the Loan) with Macquarie Capital Principal Finance (“Macquarie”), effective 12[th] of July 2021. As a result of the improved terms, the Company will realize a cash benefit of minimum EUR 12 million over the remaining duration of the Loan, compared with the original debt facility. Under the amendment, the debt facility is upsized to a EUR 66 million senior secured loan which will be due September 2024 in line