Lehto Group Plc: Lehto and banks have agreed on financing as part of approximately EUR 50 million financing package
Lehto Group PlcInsider information20 May, 2022 at 8.30 a.m (EET)Lehto Group Plc (”Lehto”) announced on 28 April 2022 that it is preparing a financing package to implement its updated strategy. Lehto has signed a binding preliminary agreement on new financing (”Preliminary Agreement”) with OP Corporate Bank Plc (”OP”) and Nordea Bank Plc (“Nordea”). Preliminary Agreement defines the amounts, main conditions and principles of bank financing, and main terms of the convertible bond issuance. Preliminary agreement is part of approximately EUR 50 million financing arrangement under