loan

Remedy enters into €15 million loan agreement with Tencent

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Alan Wake and Control developer Remedy has entered into a €15 million ($16.7 million) convertible loan agreement with Tencent. Remedy said the loan will have a non-cash annual interest rate of 8% and a fixed conversion rate of 27.2 euros per share. Studio CEO Tero Virtala said the move will strengthen Remedy's position in the … Read more

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