Raute has agreed on convertible perpetual junior loans in the aggregate amount of up to four (4) million euro
RAUTE CORPORATION Stock Exchange Release 22 May 2023 at 14.00 EEST Raute Corporation (“Raute” or the ”Company”) announced on 9 March 2023 that the Company is planning a directed share issue, a rights issue and a possible junior loan to support its targeted growth and strengthening of capital structure. The Company has today on 22 May 2023 agreed on an up to EUR two (2) million perpetual junior loan with Lähitapiola Yritysrahoitus I Ky (“LocalTapiola”) and an up to EUR two (2) million perpetual junior loan with Veritas Pension Insurance Company Ltd (“Veritas”) (each alone “Junior