QPR Software program Oyj
QPR SOFTWARE PLC INSIDE INFORMATION January 25, 2023 at 9:30 a.m EET
QPR Software program Plc has entered into a brand new financing settlement of 1.5 million euros with its most important financing financial institution. This financing settlement replaces and refinances the corporate’s present mortgage and prepares for future growth-supporting working capital wants. The brand new mortgage has a three-year mortgage time period and matures on January 31, 2026.
In accordance with the financing settlement, the primary installment of EUR 0.5 million is due on January 31, 2024. After this, installments of EUR 0.5 million are due yearly in January. The corporate will withdraw the mortgage in April 2023 and convert it into the present interest-bearing mortgage.
The covenants of the mortgage are primarily based on the corporate’s EBITDA and fairness ratio. The EBITDA of the covenants is examined each six months and the fairness ratio yearly in accordance with the standing on the final day of the 12 months.
The corporate may be very happy with the answer, with which it secures financing for its progress within the coming years.
The corporate will publish its 2022 monetary assertion bulletin on Friday, February 10, 2023.
For additional data:
QPR Software program Plc
Chief Govt Officer
Tel. +358 50 380 9893
About QPR Software program
QPR Software program Plc (Nasdaq Helsinki) gives course of mining, efficiency administration, and enterprise structure options for digital transformation, technique execution, and enterprise course of enchancment in over 50 international locations. QPR software program permits prospects to achieve invaluable insights for knowledgeable selections that make a distinction.