Loudspring signed contract for debt facilities with Nordea
Loudspring has signed an agreement with Nordea to increase its limit for debt facilities to 2,5MEUR from current 1,0MEUR. The debt facilities consist of a limit and a long-term debt. Loudspring has so far not used any of the debt facilities from Nordea but intends to use the debt to support growth of its selected core companies.
Lassi Noponen, CEO, Loudspring: “Our core companies have matured and we have become increasingly confident in their fundamentals and future prospects. These, so far totally unused, debt facilities allow us to provide strategic and targeted financial support to our selected core businesses for accelerating value growth.”
For more information:
Timo Linnainmaa, CFO Loudspring Plc. Tel. +358 50 581 0583, email@example.com
Loudspring in brief
Loudspring is a company group focused on saving natural resources, with offices in the Nordics and California. The Loudspring companies are active on global markets in five sectors: energy, real estate, fashion, food and manufacturing. Loudspring management consists of company builders combining positive environmental impact with business for over a decade.
The company group is listed on First North Finland under the ticker LOUD and on First North Stockholm under the ticker LOUDS.