Remedy enters into €15 million loan agreement with Tencent
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