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2010-01-15 08:15:07 CET 2010-01-15 08:17:15 CET REGULATED INFORMATION Aspo - Company AnnouncementASPO SIGNS FINANCING CONTRACTS OF EUR 35 MILLIONASPO Plc STOCK EXCHANGE RELEASE January 15, 2010 at 09.15 The Aspo Group has signed financing contracts totaling approximately EUR 35 million. Aspo Plc has signed revolving credit facility agreements of EUR 30 million with its partner banks. The agreements replace the corresponding agreements of EUR 60 million, which expired at the beginning of 2010. After the signing, the total amount of Aspo's revolving credit facility agreements is EUR 50 million, which replaces the formerly valid agreements of EUR 80 million. At the same time, the maturity of the revolving credit facility agreements was extended. Moreover, Telko Ltd, part of Aspo Group, has signed a sales contract of approximately EUR 5 million concerning the trade receivables of the company. The introduction of the new source of financing makes the working capital management of Telko Ltd more effective. ASPO Plc Aki Ojanen CEO For further information, please contact: Harri Seppälä, Group Treasurer, phone +358 9 521 4035, mailharri.seppala@aspo.com <mailto:harri.seppala@aspo.com> DISTRIBUTION: NASDAQ OMX Helsinki Key media www.aspo.fi <http://www.aspo.fi> Aspo is a conglomerate that owns and develops business operations in the Baltic Sea region focusing on demanding B-to-B customers. Our strong company brands - ESL Shipping, Leipurin, Telko and Kaukomarkkinat - aim to be the market leaders in their sectors. They are responsible for their own operations, customer relationships and the development of these. Together they generate Aspo's goodwill. Aspo's Group structure and business operations are continually developed without any predefined schedules. [HUG#1373754] |
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