Componenta relieved from complying with some loan terms through April

By Wendy Van Sickle

Columbus, Ohio, Dec. 30 – Componenta Corp. has signed a standstill agreement with the Nordic counterparties of its syndicated loan agreement, under which the lenders will relieve the company from complying with certain terms of the loan until the end of April, according to a press release.

Componenta will have to comply with certain terms for the duration of the standstill agreement.

Componenta is a supplier of cast and machined components and is based in Helsinki, Finland.

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