Reuters logo
BRIEF-Evotec: EIB grants Evotec unsecured loan facility of up to EUR 75 mln
September 8, 2017 / 9:33 AM / 12 days ago

BRIEF-Evotec: EIB grants Evotec unsecured loan facility of up to EUR 75 mln

Sept 8 (Reuters) - EVOTEC AG:

* DGAP-NEWS: EUROPEAN INVESTMENT BANK SUPPORTS EVOTEC‘S INNOVATE STRATEGY WITH EUR 75 M LOAN

* EIB WILL PROVIDE FINANCING FOR FIRST-IN-CLASS DRUG DISCOVERY PROJECTS

* ‍EUR 75 M TOTAL LOAN FINANCING TO BE INVESTED INTO EVT INNOVATE RESEARCH AND DEVELOPMENT OVER PERIOD OF FOUR YEARS, WILL MATURE SEVEN YEARS AFTER DRAW DOWN​

* EVOTEC EXPECTS FIRST INVESTMENTS WITH THIS NEW FUNDING TOOL ALREADY IN 2017 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below