Glaston agreed on long-term financing
Glaston Corporation Investor news 21.6.2017 at 13.20Glaston agreed on long-term financingGlaston Corporation has today agreed to extend its long-term financing agreement by three years. The financing agreement consists of a EUR 10.0 million long-term loan as well as a EUR 25.0 million revolving credit facility, which can be used for short-term financing and guarantees. The agreement is for three years and it is valid until 30 June 2020. The financial covenants used in the financing agreement are gearing (net debt/ equity) and leverage (net debt/