Oct 31, 2014. /Lesprom Network/.
Arctic Paper subsidiary Arctic Paper Grycksbo informs that maintained
the financial ratios i.e. solidity ratio and interest coverage defined by the
credit facility agreement with Svenska Handelsbanken AB, parties acknowledged
that the original wording of the agreement is applicable.
The agreement stipulates an indefinite payment term of the credit
facility, nevertheless it is possible for the bank to terminate the agreement
if the financial ratios are not maintained as of the review date. The next
review date falls as of 31 December 2014.
