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21.03.2016 10:06:05
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Weifa ASA : Weifa secures new financing agreement
Weifa has secured a new loan agreement with DNB, which extends and restructures its debt financing. The new bank loan totals NOK 350 million for a period of five years and holds an interest of 3m NIBOR + 250bps with the current leverage.
"The new agreement will improve our cost of funding and ensure sufficient financial flexibility going forward", said Simen Nyberg-Hansen, CFO of Weifa.
For further information, please contact:
Simen Nyberg-Hansen
CFO
+47 9820 6355
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Weifa ASA via Globenewswire
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Weifa ASA via Globenewswire
HUG#1996272
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