01.09.2015 14:01:22
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Aspo signs a EUR 10 million loan agreement
ASPO Plc STOCK EXCHANGE RELEASE September 1, 2015 at 15:00
ASPO SIGNS A EUR 10 MILLION LOAN AGREEMENT
Kaukomarkkinat Ltd, part of Aspo Group, has signed a loan agreement amounting to EUR 10 million. The credit is an Employee pension loan (TyEL). The loan maturity is seven years, and the loan will be repaid in equal semi-annual instalments. Through the agreed loan, Aspo will lengthen the maturity of its loan portfolio. The loan has been taken to meet Aspo Group's general financing needs.
ASPO Plc
Aki Ojanen
CEO
Further information:
Harri Seppälä, Group Treasurer, Aspo Plc, +358 9 5211 or +358 400 617 201,
harri.seppala(a)aspo.com
Distribution:
NASDAQ OMX Helsinki
Key media
www.aspo.com
Aspo is a conglomerate that owns and develops businesses in Northern Europe and growth markets focusing on demanding B-to-B customers. The aim of our strong corporate brands - ESL Shipping, Leipurin, Telko and Kaukomarkkinat - is to be the market leaders in their sectors. They are responsible for their own operations, customer relationships and the development of these. Together they generate Aspo's goodwill. Aspo's Group structure and business operations are developed persistently without any predefined schedules.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Aspo Oyj via Globenewswire
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