NIREUS announces the signing, on 18 September 2015, Friday, of the loan agreements with the Lending Banks for the refinancing of the bank debt, implementing the relative decisions of the 1st Repetitive General Meeting of Shareholders that convened on 04.05.2015.
More specifically, the Company signed the terms for the Common Bond Loans amounting up to € 58.2 mi, € 4.8 mi. and € 31.4 mi., as well as the terms for the Convertible Bond Loan amounting up to € 24.9 mi.
Additionally, as it has been approved from the aforementioned General Meeting, as well as the General Meeting of the Bondholders of the Convertible Bond issued on 2007 and with the initial capital amount of € 20 mi., the terms of this Convertible Bond Loan will be amended in order to be harmonized with those of the new Convertible Bond Loan.
The disbursement of the above loans requires the completion of the Company's share capital increase, through the capitalization of bank lending amounting to € 58.6 mi., which is currently under process and the establishment, inter alia, of the agreed collaterals on the Company's assets.