MedWatch

Demant lands loan agreement with investment bank

Hearing aid giant Demant has secured a loan agreement from Den Nordiske Investeringsbank.

Photo: Demant / PR

Demant has secured further financing through a seven-year DKK 750m (USD 104m) loan agreement with Den Nordiske Investeringsbank (NIB).

The bank reports in a press release that the loan will help Demant to finance investments in hearing aids and technological research.

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