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State Investment Management Agency Grants Funding To Utenos Trikotažas

State Investment Management Agency Grants Funding To Utenos Trikotažas

12/28/21, 2:30 AM
SBA Group company Utenos Trikotažas and the State Investment Management Agency (VIVA), which manages the Business Assistance Fund, have signed a financing agreement worth EUR 2.8 million. The fund will purchase the company’s bonds for EUR 2.3 million and will provide another EUR 500 thousand in the form of a loan. The financing is for a period of 6 years.

Company Info

Company
The State Investment Management Agency
Additional Info
The financing has been granted for a period of 6 years, but the company will have the opportunity to repay the borrowed funds earlier,” said Dainius Vilčinskas, director-general of VIVA.