BRIGDE LOAN OF SEK 12,6 MILLION TO MITIGATE POTENTIAL DELAYS DUE TO SECOND ISRAEL LOCKDOWN
(World News Science)

Press releases Press releases are available in Swedish when no translation exists. BRIGDE LOAN OF SEK 12,6 MILLION TO MITIGATE POTENTIAL DELAYS DUE TO SECOND ISRAEL LOCKDOWN KebNi releases update relating to Covid-19, triggered by the recent announcement by Prime Minister Netanyahu of a second lockdown in Israel, where the company is currently doing business. In relation to potential delays caused by Covid-19, the company has entered into a bridge loan of SEK 12.6 million with Formue Nord. Before year-end, the company expects in excess of SEK 20 million payment from their Israeli customer on current contracts. Stockholm, Sweden, September 22nd, 2020 - KebNi AB, releases update on potential...