Tulikivi Corp. has concluded an agreement with its finance providers on the 2016-2018 repayment programme and its terms


TULIKIVI CORPORATION                                      STOCK EXCHANGE RELEASE

                                                                                        11 December 2015 at 12.45 p.m.

 

 

Tulikivi Corporation has concluded an agreement with its finance providers on the 2016–2018 repayment programme and its terms.

 

Tulikivi Corporation has today concluded a financing agreement with its finance providers concerning the 2016–2018 repayment programme in relation to the responsibilities of the finance providers and the additional collateral and loan covenants to finance providers. The adjustment measures will result in non-recurring expenses of EUR 0.15 million for the last quarter of the year. On account of this the finance providers have also granted Tulikivi Corporation a waiver from compliance with the covenant conditions at 31 December 2015.

 

 

 

TULIKIVI CORPORATION

 

Board of Directors

 

Further information: Heikki Vauhkonen, Managing Director, +358 (0)207 636 555

 

Distribution: NASDAQ Helsinki

Key media

www.tulikivi.fi