Nicoccino Holding Strengthens Working Capital With Loan Guarantees

April 6 (Reuters) - Nicoccino Holding AB (publ) :

* NICOCCINO STRENGTHENS WORKING CAPITAL WITH LOAN GUARANTEES

* NICOCCINO HOLDING AB (PUBL) HAS TODAY SECURED LOAN GUARANTEES TOTALLING SEK 2.55 MILLION

* GUARANTORS RECEIVE A REMUNERATION OF 2.5% ON THE GUARANTEED AMOUNT AND AN ANNUAL INTEREST RATE OF 15% ON THE LOANED AMOUNT

* GUARANTEES RUN UNTIL 30 APRIL 2024 AT THE LATEST

* PROPOSES TO GENERAL MEETING ON MAY 10 TO SIGN ANOTHER LOAN GUARANTEE OF SEK 3 MILLION FROM GRYNINGSKUST HOLDING AB Source text for Eikon: Further company coverage: (Gdansk Newsroom)