Helsinki, Finland, 2015-11-20 15:30 CET (GLOBE NEWSWIRE) -- PLC UUTECHNIC GROUP OYJ STOCK EXCHANGE RELEASE 20 NOVEMBER 2015 at 16:30
UUTECHNIC GROUP’S FINANCING ARRANGEMENT PUT INTO EFFECT
Uutechnic Group (former Vaahto Group) has announced on October 28 2015 of conditional financing arrangement with respect to the planned corporate transaction. This financing arrangement is now put into effect including debt forgiveness, refinancing of loans and new working capital funds. The arrangement will have a significant effect on the Group’s balance sheet and financial position.
In Uusikaupunki November 20, 2015
PLC UUTECHNIC GROUP OYJ
Board of Directors
Additional information:
Sami Alatalo, Vice Chairman of the Board of Directors of Plc Uutechnic Group Oyj
+358 40 826 2066