HKScan Corporation has, as previously announced, agreed on new bank facilities with its financing banks. As disclosed in the stock exchange release concerning the directed share issue on May 31, the company had on May 29 received loan commitments from its financing banks to replace its then existing standby lines of credit and fixed-term facility agreements, maturing partly in 2020 and 2021.


The company has agreed with its financing banks on such replacing arrangements in the form of a new EUR 100 million stand-by line of credit maturing at the end of 2021 and a new EUR 74.3 million fixed-term facility agreement maturing at the end of 2021, totaling EUR 174.3 million.