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General

Eltel agrees new debt conditions with banks

Tuesday 5 March 2019 | 12:31 CET | News
Stockholm-listed network infrastructure provider Eltel said it has reached an agreement with its banks on certain amendments to its financial deal maturing in Q1 2021. The amendments include financial covenants and a plan to reduce net debt during the term. Eltel has agreed to secure its debt obligations by share and intragroup loan pledges and floating charges for certain assets, all on customary terms and conditions.

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Categories: General
Companies: Eltel
Countries: Sweden / World
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