Delete Group Oyj has extended its revolving credit of EUR 20 million to EUR 25 million
DELETE GROUP OYJ, STOCK EXCHANGE RELEASE 9 May 2018 at 15:00 EET
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
Delete Group Oyj has extended its revolving credit of EUR 20 million to EUR 25 million. The Company entered into the agreement on the revolving credit with Nordea Bank (publ.), Finnish Branch on 19 April 2017 at the same time as the issuance of the company’s EUR 85 million senior secured bond. The facility includes a maintenance covenant on leverage.
The revolving credit is intended to be used as working capital and for general corporate purposes of the company and its subsidiaries.
DELETE GROUP OYJ
For more information, please contact
Ville Mannola, CFO
phone: +358 400 357 767
email: ville.mannola@delete.fi
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Nasdaq Helsinki Ltd
Main media
Ville Mannola, CFO
DELETE GROUP OYJ
phone: +358 400 357 767
email: ville.mannola@delete.fi
Delete is one of the leading environmental full-service providers in the Nordic countries. The Group offers business-critical services that require specialist competences and specialized equipment through three business segments: Industrial Cleaning Services, Demolition Services, and Recycling Services.