January 2, 2017 / 11:34 AM / 8 months ago

BRIEF-AutoBank enters into indefinite term loan agreement

Jan 2 (Reuters) - AutoBank AG :

* Enters into an indefinite term loan agreement (with long-term oriented investor) granting subordinated capital in the amount of approximately 1 million euros ($1.05 million)

* Subordinated capital granted to Autobank AG is interest-bearing from the counting of the loan valuta at 8 percent p.a.

* Completion of transaction expected within next week Source text for Eikon: Further company coverage: ($1 = 0.9544 euros) (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below