BRIGDE LOAN OF SEK 12,6 MILLION TO MITIGATE POTENTIAL DELAYS DUE TO SECOND ISRAEL LOCKDOWN
KebNi releases update relating to Covid-19, triggered by the recent announcement by Prime Minister Netanyahu of a second lockdown in Israel, where the company is currently doing business. In relation to potential delays caused by Covid-19, the company has entered into a bridge loan of SEK 12.6 million with Formue Nord. Before year-end, the company expects in excess of SEK 20 million payment from their Israeli customer on current contracts.Stockholm, Sweden, September 22[nd], 2020 - KebNi AB, releases update on potential delays caused by Covid-19 and announces bridge loan. As has been