EQS-News: Marinomed Biotech AG announces agreement with European Investment Bank (EIB) to defer repayments of the 2019 venture loan for 18 months
Under the amendment, repayment of tranche one with a nominal value of EUR 4 million will be shifted from October 2024 to April 2026.
- Under the amendment, repayment of tranche one with a nominal value of EUR 4 million will be shifted from October 2024 to April 2026.
- Tranche two, with a nominal value of EUR 5 million, will be shifted from December 2025 to June 2027.
- The amendment contains further terms and conditions, including the extension of the existing royalty agreement for five years.
- The lenders of the real estate financing also agreed to suspend their capital repayments alongside with the EIB.