Normet has signed a four-year financing agreement
Espoo, 4 January 2019 - On December 21, 2013, Normet has signed a four-year EUR 115 million financing agreement with OP Corporate Bank plc and Nordea Bank ABP.The agreement replaces the earlier long term financing agreements that would have expired later in 2019. Funds will be used to repay previous loans and to support the Group's overall financing needs and growth strategy for coming years. The loans include standard covenants for equity ratio and leverage ratio. "I am pleased with the trust in our performance and long term growth plans that our financiers have showed. With this long-