AB Ignitis grup Ab "Ignitis Grup " Secures Eur 100 Million Credit Facility From Citibank
04 April 2023 - 3:01PM
UK Regulatory
TIDMIGN
AB "Ignitis grup " (hereinafter -- the Group) informs that on 4
April 2023 the Management Board of the Group approved the intention
to conclude a credit facility agreement of EUR 100 million
(hereinafter -- the Agreement) with Citibank N.A. London Branch
(hereinafter -- Citibank).
The credit facility limit will be used to manage working capital
needs.
The Agreement is committed and is concluded for a term of 12
months. The Agreement does not include additional measures ensuring
the fulfilment of obligations.
The Agreement will be signed in the upcoming days, the Group
will not inform about its signing in a separate material event
notice.
For more information please contact:
Art ras Ketlerius
Head of Corporate Communications at Ignitis Group
arturas.ketlerius@ignitis.lt
+370 620 76076
(END) Dow Jones Newswires
April 04, 2023 09:01 ET (13:01 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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