Elektrobit Oyj: EUR 20 million credit facility agreements for Elektrobit Corporation (EB)

   Elektrobit Oyj: EUR 20 million credit facility agreements for Elektrobit                                Corporation (EB)  Stock exchange release  Free for publication on July 2, 2014 at 6.30 p.m. (CEST+1)  EUR 20 million credit facility agreements for Elektrobit Corporation (EB)  Elektrobit  Corporation  (EB)  has  signed  EUR  10  million  credit  facility  agreement with Nordea  Bank Finland  Plc and  EUR 10  million credit  facility  agreement with Pohjola Bank  Plc on July 2,  2014. These agreements,  intended  for general financing  purposes, are  valid until  June 30,  2017 and  include  conventional covenants  that  are,  among others,  related  to  equity  ratio,  transfer and pledge of the assets.  These credit facility agreements replace EUR 20 million credit facilities from Nordea Bank Suomi plc, which were valid until 30.6.2014.  Oulu, July 2, 2014  Elektrobit Corporation Jukka Harju CEO  Further information:  Jukka Harju CEO Tel. +358 40 344 5466  Veli-Pekka Paloranta CFO Tel. +358 40 344 2793  Distribution:  NASDAQ OMX Helsinki Principal media  Elektrobit Corporation (EB)  EB  creates  advanced  technology  and   turns  it  into  enriching   end-user  experiences. EB is  specialized in  demanding embedded  software and  hardware  solutions for  wireless  and automotive  industries.  The net  sales  in  2013  totaled EUR 199.3 million and operating profit was EUR 8.1 million. Elektrobit Corporation is listed on NASDAQ OMX Helsinki. www.elektrobit.com  ------------------------------------------------------------------------------  This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients. The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Elektrobit Oyj via Globenewswire HUG#1811690  
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