Bure signs new loan agreement and plans early redemption of subordinated debentures
Bure has today signed a new loan agreement with Nordea that will replace the entire commitment outstanding under the syndicated loan, in which Nordea took part, that was signed as part of Bure’s refinancing in 2003. In connection with this, Bure has decided to exercise its option for early redemption of subordinate debentures pursuant to the terms stated in these, i.e. at a discounted value (80.7%) of the debenture’s principal amount.Early redemption of the subordinated debentures, which will be carried out on 31 March 2005, will provide Bure with estimated interest savings of over MSEK 90,
