Infovistapaid back the vendor loan granted in connection with sale of the former Network Testing Division.

Ascom Holding AG granted in connection with the sale of the former Network Testing Division on 30 September 2016 a subordinated vendor loan with a nominal value of USD 15 million, a 7-year maturity and a stated interest rate of 4% p.a. to Infovista as acquirer of the Division.

The parties agreed upon an early termination of the vendor loan through a payment from Infovista with a total amount of USD 17.1 million.

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Ascom Holding AG published this content on 22 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 April 2021 05:03:04 UTC.