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Broadband

Ekinops secures EUR 12 million credit facility under state-guaranteed scheme

Tuesday 19 May 2020 | 09:47 CET | News
Optical network equipment supplier Ekinops said that it has arranged a EUR 12 million loan with bank partners, noting that 90 percent of the amount is guaranteed by the French state. The company took advantage of a scheme (Pret Garanti par l'Etat, or PGE), put in place by the government to support companies during the Covid-19 crisis. With an initial one-year maturity, the loan has an extension option for up to five additional years.

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Categories: Fixed
Companies: Ekinops
Countries: France / World
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