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NoHo Partners Plc provides further information about the progress of financing negotiations

Written by Customer Service on . Posted in Public Companies.

NoHo Partners PlcNoHo Partners announced on 3 April 2020 that it had concluded negotiations on bridge financing for the duration of the business disruption caused by the coronavirus crisis in all of its market areas in Finland, Denmark and Norway as well as agreed on a financing package of EUR 34 million. At the same time, the company announced that it was assessing several sources of funding to ensure the refinancing of the EUR 22 million of debt associated with the commercial paper programme maturing in May.The negotiations on financing are progressing on schedule, and the company will provide more detailed information about them when the negotiations are concluded.More information is available from:
Aku Vikström, CEO, NoHo Partners Plc, tel. +358 44 011 1989
Jarno Suominen, Deputy CEO, NoHo Partners Plc, tel. +358 40 721 5655Distribution:
Nasdaq Helsinki
Major media
www.noho.fiNoHo Partners Plc is a Finnish group established in 1996, specialising in restaurant services. The company, which was listed on NASDAQ Helsinki in 2013 and became the first Finnish listed restaurant company, has continued to grow strongly throughout its history. The Group companies include some 250 restaurants in Finland, Denmark and Norway. Well-known restaurant concepts of the company include Elite, Savoy, Teatteri, Yes Yes Yes, Stefan’s Steakhouse, Palace, Löyly, Hanko Sushi and Cock’s & Cows. In 2019, NoHo Partners Plc’s turnover was MEUR 272.8 and EBIT MEUR 30.6. Depending on the season, the Group employs approximately 2,100 people converted into full-time workers.NoHo Partners corporate website: www.noho.fi
NoHo Partners consumer website: www.ravintola.fi

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