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BRIEF-Element Lifestyle announces $3.5 mln debt financing​
July 13, 2017 / 5:04 PM / 3 months ago

BRIEF-Element Lifestyle announces $3.5 mln debt financing​

July 13 (Reuters) - Element Lifestyle Retirement Inc :

* Element lifestyle retirement announces $3,500,000 debt financing

* Entered into a commitment letter with Addenda Capital​

* Lender has agreed to advance an aggregate of $3.5 million to Element or a subsidiary of Element​

* Proceeds will be used by co to fund a portion of $6.7 million purchase price for property to be purchased by company​ Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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