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Componenta Oyj — Capital/Financing Update 2024
Apr 11, 2024
3307_rns_2024-04-11_010016d8-bdcd-4883-80e4-fadd957e0259.html
Capital/Financing Update
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Disclosure 445121
Componenta Oyj - Other information disclosed according to the rules of the Exchange
Componenta Corporation agreed on a new EUR 2 million working capital loan
11.4.2024 09:40:00 EEST | Componenta Oyj | Other information disclosed according to the rules of the Exchange
Componenta Corporation, Stock Exchange Release, 11 April 2024 at 9.40 a.m. EET
Componenta has agreed on a new working capital loan totaling EUR two (2) million with LocalTapiola Group and Elo Mutual Pension Insurance Company. The loan is to be withdrawn in full on April 12, 2024. The loan period is five years. Other loan terms and conditions are usual.
CEO Sami Sivuranta: "With the now agreed loan, we prepare for Componenta's ongoing and future new product launches and the continuation of the implementation of our own development measures.”
COMPONENTA CORPORATION
Sami Sivuranta
President and CEO
**For further information, please contact:
**Sami Sivuranta, President and CEO, tel. +358 10 403 2200
Marko Karppinen, CFO, tel. +358 10 403 2101
**Distribution:
**NASDAQ Helsinki
Main media
Componenta Corporation is an international technology company and Finland’s leading contract manufacturer in the machine building industry. Sustainability and customer needs are at the core of the company’s broad technology portfolio. Componenta Corporation manufactures components for its customers, which are global manufacturers of machinery and equipment. The company’s stock is listed on Nasdaq Helsinki. www.componenta.com