Arctic Paper Grycksbo's credit facility agreement with Svenska Handelsbanken to continue
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 next review date falls as of 31 December 2014.
ByLesprom Network
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.
Our website uses cookies to make your browsing experience better and more personal. By using our site, you agree to our use of cookies. You can read our Cookie Policy and Privacy Policy.This website uses 'cookies' to give you the best, most relevant experience. You can read our Cookie Policy and Privacy Policy.