BasWare - Other information disclosed according to the rules of the Exchange

Basware signs new term loan financing totaling EUR 30 million

Basware Corporation, stock exchange release, September 18, 2017 at 9.30am
Basware signs new term loan financing totaling EUR 30 million
Basware has signed new term loan financing totaling EUR 30 million. The maturity
of the facility is split with EUR 10 million maturing in September 2019 and EUR
20 million maturing in September 2020.
The use of proceeds of both facilities is for general working capital purposes
of the company and refinancing. EUR 20 million of current borrowings will be
refinanced with the new facilities.
The loan facilities extend Basware’s debt maturity profile, increase the
company’s liquidity position and further support Basware’s cloud growth
strategy.


For more information, please contact:
Ben Selby, VP Investor Relations and Treasury, Basware Corporation
Tel. +358 50 305 8077, ben.selby@basware.com
Distribution:
Nasdaq Helsinki
Main media
www.basware.com/investors
About Basware:
Basware (http://www.basware.com) (Nasdaq: BAS1V) is the global leader in
providing networked purchase-to-pay solutions, e-invoicing and innovative
financing services. Basware’s commerce and financing network connects businesses
in over 100 countries and territories around the globe. As the largest open
business network in the world, Basware provides scale and reach for
organizations of all sizes, enabling them to grow their business and unlock
value across their operations by simplifying and streamlining financial
processes. Small and large companies around the world achieve significant cost
savings, more flexible payment terms, greater efficiencies and closer
relationships with their suppliers. Find out more at
http://investors.basware.com/en.
Follow Basware on Twitter: @Basware (https://twitter.com/basware), join the
discussion on the Basware LinkedIn (http://www.linkedin.com/company/basware),
Basware Facebook (http://www.facebook.com/BaswareCorporation) and Basware
Blog (http://www.basware.com/blog).