Cencorp - Company Announcement

CENCORP HAS AGREED WITH DANSKE BANK PLC ON AMENDMENT OF THE OVERDRAFT FACILITY, AND ON EXPIRY OF THE EXPORT CREDIT LIMIT AND THE BANK GUARANTEE LIMIT; AND WITH SAVCOR GROUP OY, SAVCOR INVEST BV AND SCI INVEST OY ON TRANSFERRING THE LOAN MAT

Cencorp Corporation                   Stock Exchange Release     31 March 2015
at 19.15 Finnish time 



CENCORP HAS AGREED WITH DANSKE BANK PLC ON AMENDMENT OF THE OVERDRAFT FACILITY,
AND ON EXPIRY OF THE EXPORT CREDIT LIMIT AND THE BANK GUARANTEE LIMIT; AND WITH
SAVCOR GROUP OY, SAVCOR INVEST BV AND SCI INVEST OY ON TRANSFERRING THE LOAN
MATURITY DATES 



Cencorp has agreed with Danske Bank Plc on extending the overdraft facility of
EUR 0.95 million available to the company until 30 September 2015. The export
credit limit and the bank guarantee limit have expired. For the moment Cencorp
does not have significant number of projects which would require export credit
limits and bank guarantee limits. In the future Cencorp is aiming to have
necessary export credit limits and bank guarantee limits available when the
company has signed new export contracts. On 19 March 2015 Cencorp announced
that it postpones the targeted schedule for signing the first manufacturing
partnership agreement from the end of the first quarter of 2015 to the second
quarter. 



Cencorp has agreed with Savcor Group Oy on extending the loan period of a
convertible bond of ca. EUR 0.364 million until 30 September 2015, with SCI
Invest Oy on extending the loan period of a convertible bond of ca. EUR 0.746
million until 30 September 2015, and with Savcor Invest B.V. on extending the
loan period of a loan of EUR 1.0 million until 30 September 2015. 



In Mikkeli 31 March 2015



Cencorp Corporation

Board of Directors



For more information:
Iikka Savisalo
President and CEO
Cencorp Oyj
Tel. +358 40 521 6082,
Email: iikka.savisalo@cencorp.com



Distribution:
NASDAQ OMX, Helsinki
Main media
www.cencorp.com



Cencorp Corporation specializes in the clean energy, especially in photovoltaic
solutions. Cencorp provides automated production technology for solar modules
based on the company's own technology; production lines for modules; solar
modules and special components for solar modules. Cencorp's head office is
located in Mikkeli, Finland. The company is part of the Finnish Savcor Group.