(Source: RNB Retail and Brands AB) RNB RETAIL AND BRANDS secures new business financing RNB RETAIL AND BRANDS has entered into an agreement with the company's principal owner, Konsumentföreningen Stockholm, regarding the refinancing of half of the Group's existing overdraft facility. The agreement will become effective on January 1, 2013. The new financing in a total amount of SEK 100 M will apply for a contractual period of one year at a time and will comprise an overdraft facility with a credit limit of SEK 100 M. As a consequence from a decision from the creditor of the current overdraft facility of SEK 200 M will be halved...
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