Clavister signs term sheets for financing

ÖRNSKÖLDSVIK, SWEDEN. 2017-09-13

 
September 13th, 2017, Örnsköldsvik, Sweden - Clavister, a leader in high-performance network security solutions, today announced that it has now agreed upon and signed two independent, but complementary, term sheets for financing, the receipt of which was stated in its Q2 report.
 
These term sheets were offered as a consequence of continued positive development with key commercial partners, as previously reported. Funds are being made available, subject to final due diligence, early Q4 and early Q1 2018, respectively.
 
Clavister is committed to driving its global growth strategy through increased market share and a continuous focus on customer satisfaction. It believes that these financing solutions are key components in executing that strategy.