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BRIEF-Labat Africa, Milost Global enter funding agreement
February 7, 2017 / 3:07 PM / 7 months ago

BRIEF-Labat Africa, Milost Global enter funding agreement

Feb 7 (Reuters) - Labat Africa Ltd.:

* Funding Agreement Between Labat And Milost Global Inc.

* Milost’s MESA funding agreement includes 250 mln rand facility for subscription of shares in Labat Africa

* Says a 250 mln rand facility for subscription of shares in Labat Africa will be used primarily for working capital purposes

* Milost’s MESA funding agreement includes a 750 mln rand convertible debt facility will be used to finance acquisitions

* Says a 750 mln rand convertible debt facility will be used to finance acquisitions Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

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