Common Contracts
1 similar Loan Refinancing Agreement contracts
Allenex enter agreement on conditions for loan refinancingLoan Refinancing Agreement • April 25th, 2013
As stated earlier, Allenex and other companies within the group have a bank loan of 30 msek and a convertible 31 msek, due for payment June 30th2013. A refinancing agreement is now ready. The above loans and another bank loan of 27 msek are paid, financed by new loans of 90 msek. The new loans are provided by Allenex main bank Danske Bank to the amount of 70 msek, and by Allenex main owners FastPartner AB and Mohammed Al Amoudi, to the amount of 20 msek. The loans have a term of 3 years and the average interest rate on the new loans (90 million) is currently 5.8%. Refinancing requires the customary written contracts.
