Helsinki, Finland, 2015-10-30 11:00 CET (GLOBE NEWSWIRE) --
Ixonos Plc Stock Exchange Release 30 October 2015 at 12:00
Ixonos structures its financing
Ixonos has renewed its existing loan agreement with Turret Oy Ab. The 1.0 million Euros loan has been extended until 31 December 2016.
Ixonos has agreed a loan agreement with Tremoko Oy Ab. The now agreed new loan enables, if necessary, additional financing for a maximum of 0.5 million Euros until 31 December, 2016.
The company’s financial loans include covenants for which the company’s financiers have confirmed waiver of premature payback of loans until 31 December, 2015.
IXONOS PLC
Board of Directors
For more information, please contact:
Ixonos Oyj, Kristiina Simola, CFO, +358 40 745 3132, kristiina.simola@ixonos.com
Distribution:
NASDAQ OMX Helsinki
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