Irisity takes out a loan facility of up to SEK 20 million to strengthen working capital.
Irisity AB (publ): has entered into an agreement for a loan facility of up to SEK 20 million, of which SEK 15 million will be disbursed in October 2022. The loan can be extended by a further SEK 5 million provided there is a positive development during the fourth quarter 2022. The loan facility shall be used to strengthen the company's liquidity reserve and for general company purposes which may include working capital and investments. Loans taken out under the loan facility have a term of 36 months and run at an annual interest rate of 10.65% + stibor 3m. The company has the right