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IN BRIEF: Reconstruction Capital II extends loans to Telecredit IFN

ALN

Reconstruction Capital II Ltd - closed-end investment fund - Says it agrees to extend unsecured loans to Telecredit IFN SA. The maturity date of the connected loans is May 10, 2023 and interest will accrue at 9%. The loans will be used to support the working capital requirements of Telecredit related to its SMEs factoring and discounting operations, it says.

Current stock price: €0.09

Year-to-date change: unchanged

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