Sitowise - The Smart City Company

Here are Olli’s comments on Sitowise’s new financing agreement. :slight_smile:

Sitowise announced on Wednesday morning that it has signed a new 89 MEUR secured financing agreement, which replaces the company’s current financing arrangement maturing in June 2027. The new agreement effectively extends the debt maturity by one year to June 2028. The agreement strengthens our confidence that the company has the support of banks through the challenging cycle, but the balance sheet still plays a significant role in the stock’s risk profile. The announcement does not result in changes to our forecasts.

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