NuRAN Enters into US $5M Loan Facility [Yahoo! Finance]
NaaS Technology Inc. - American Depositary Shares (NAAS)
Company Research
Source: Yahoo! Finance
mobile and broadband wireless infrastructure solutions, is pleased to announce the execution of a two-year term loan facility agreement (the " Loan Facility ") in the principal amount of US $5M with the Facility for Energy Inclusion ("FEI"), a fund managed by Cygnum Capital following final Investment Committee approval announced on February 29 th The Loan Facility was entered into by NuRAN Wireless (Africa) Holding ("NuRAN Africa"), a wholly owned subsidiary of the Company for the purpose of financing the construction of renewable energy assets for mobile network infrastructure in respect of existing and new Network as a Service ("NaaS") agreements with the intention of accelerating the build of NaaS sites primarily in Cameroon and DRC. This senior secured Loan Facility is intended to allow NuRAN to deploy more than 500 new sites. Combined with cash generated from operating sites, the Company intends to use the proceeds to cover all material and construction costs of new sites. Th
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NAAS
Sec Filings
- 4/29/24 - Form NT
- 4/10/24 - Form 6-K
- 3/28/24 - Form 6-K
- NAAS's page on the SEC website