15.12.2015 14:00:51
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Aspo signs EUR 25 million loan agreement
ASPO Plc STOCK EXCHANGE RELEASE December 15, 2015 at 15:00
ASPO SIGNS EUR 25 MILLION LOAN AGREEMENT
Aspo Plc has signed a loan agreement amounting to EUR 25 million. The loan maturity is five years. The loan will be repaid in one installment at the end of the loan period. The credit is being granted by Pohjola Bank plc. Through the agreement, Aspo Plc will lengthen the maturity of the loan portfolio. The loan has been taken to meet the Group's general financing needs and a part of the loan will replace a EUR 15 million loan which will expire in the beginning of 2016.
ASPO Plc
Aki Ojanen
CEO
Further information:
Harri Seppälä, Group Treasurer, Aspo Plc, phone +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 business operations in the Northern Europe and growth markets focusing on demanding B-to-B customers. Our strong company brands - ESL Shipping, Leipurin, Telko and Kaukomarkkinat - aim 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 continually developed 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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