Glaston concludes EUR 74 million revolving credit facility agreement

Today [Nov. 20], Glaston Corp., Finland,has signed a EUR 74 million revolving credit facilityagreement with its core banks. This loan will supersede the arrangements of acorresponding size made earlier with the same banks. The loan period is two years, with an option of a one-year extension period subject to agreement between the parties. It is intended to cover the Corporation's general financing requirements and the repayment of earlier, bilateral arrangements, according to a Nov. 20 release.

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