First Hotels AB (publ) AB Refinancing Agreement AnnouncementRefinancing Agreement • July 5th, 2024
Contract Type FiledJuly 5th, 2024First Hotels AB ("The Company") has, through its wholly-owned subsidiary First Hotels International AS, entered into a refinancing agreement. This agreement involves repaying outstanding debt to Host Hoteleiendom AS and issuing two new convertible loans totaling approximately MSEK 12 to loan givers Gate Group AB and Seljeli Invest AS. The new loans carry an annual interest rate of 15 percent and are due for payment on December 31, 2024.