Glaston completes loan as part of debt raising programme

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Glaston completes loan as part of debt raising programme

Finland’s Glaston, which makes glass processors, has completed a Eu73.7m three year syndicated loan as part of a Eu84m refinancing package. The three year senior debt has been agreed with Nordea, Pohjola and Sampo Bank. The facility replaces a Eu74m revolver agreed with the same group of banks in 2009, which is set to mature this November.

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