Source: Swiss Water Decaffeinated Coffee Inc.
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  • Swiss Water (SWP) has come to an agreement with Mill Road Capital II to modify the terms of the subordinated debenture held by Mill Road
  • The permitted amount of senior debt that may be incurred by Swiss Water has been increased from $68 million to $75 million
  • Swiss Water continues to evaluate opportunities to raise new capital to support its long term strategic objectives
  • Swiss Water Decaffeinated Coffee Inc. is a leading specialty coffee company and a premium green coffee decaffeinator
  • Swiss Water Decaffeinated Coffee Inc. (SWP) is up 0.34 per cent on the day, trading at C$2.98 per share at 2:15 pm ET

Swiss Water (SWP) has come to an agreement with Mill Road Capital II to modify the terms of the subordinated debenture held by Mill Road.

The permitted amount of senior debt that Swiss Water may incur has been increased from $68 million to $75 million, with no fee for the amendment.

Swiss Water continues to evaluate opportunities to raise new capital to support its long term strategic objectives, including enhancements to its hedging program, working capital and long term debt facilities, and reviewing other funding alternatives.

Swiss Water Decaffeinated Coffee Inc. is a leading specialty coffee company and a premium green coffee decaffeinator which employs the proprietary SWISS WATER process to decaffeinate green coffee without the use of chemicals. The company also owns Seaforth Supply Chain Solutions, a green coffee handling and storage business. Both businesses are located in the cities of Burnaby and Delta, British Columbia.

Swiss Water Decaffeinated Coffee Inc. (SWP) is up 0.34 per cent on the day, trading at C$2.98 per share at 2:15 pm ET.


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