REFINANCING ARRANGEMENTS OF EIRIKUVA
The parent company of Eirikuva, Amago Capital AB, has made an agreement with
Eirikuva and its main creditors on that
- Amago Capital takes over a bank loan of Eirikuva which amounts 320 000 euros
- Amago Capital writes off group company receivables from Eirikuva and its
subsidiary at the amount of 500 000, through waiving the debt
- creditor of Eirikuva releases the guarantees granted by Amago Capital, in
the amount of appr. 900 000 euros.
This refinancing arrangement includes a positive effect of appr. 500 000 euros
on Eirikuva's profit and loss account under the third quarter and accordingly,
Amago Capital AB's profit and loss account will incur a extraordinary cost of
500 000 euros. The refinancing arrangement will end group company arrangements,
strengthen the balance of Eirikuva and enables Amago Capital AB's restructuring
through acquisition of new business.
29.8.2008
Eirikuva Digital Image Oyj Abp
For more information:
Merja Ailama-Mäkitalo
Managing Director
tel. +358 40 545 3357
Certified Adviser
Privanet Pankkiiriliike Oy
Tuomas Siltala
Managing Director
tel. +358 50 560 3878