KH Group’s has made follow-on investment in Indoor
11 Dicembre 2023 - 2:30PM
KH Group’s has made follow-on investment in Indoor
KH Group PlcPress Release 11 December 2023 at 3:30 pm EET
KH Group’s has made follow-on investment in
Indoor
KH Group together with other shareholders of Indoor Group
Holding Oy (“Indoor”) have made combined EUR 2.8 million follow-on
investments in Indoor. These follow-on investments were made by
subordinated loan. Loan proceeds are used to repay interest-bearing
debts. The follow-on investments strengthen Indoor’s balance sheet
accordingly.
KH Group Plc’s share of the subordinated loan in Indoor is EUR
2.1 million. This arrangement has been finalised today and will not
affect the ownership structure in Indoor Group Holding Oy.
KH GROUP PLC
FURTHER INFORMATION: CEO Lauri Veijalainen, puh. +358
46 876 1648
DISTRIBUTION: Major mediawww.khgroup.com
Sievi Capital is now a conglomerate with a new name KH Group.
Our four business areas are leading players in their sectors in B2B
products and services and consumer trade. The objective of our
strategy change is to focus on the business of the earth-moving
machinery supplier KH-Koneet. KH Group’s share is listed on Nasdaq
Helsinki.
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