BRIEF-Majesco says HSBC Bank USA agreed to extend loans up to $10 mln

Mon Mar 28, 2016 4:40pm EDT
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March 28 (Reuters) - Majesco

* On March 23 co entered into loan agreement with HSBC Bank Usa, National Association pursuant to which HSBC agreed to extend loans to co up to $10 million

* Says will use loan proceeds solely for the purpose of refinancing existing indebtedness, capital expenditures, working capital Source text for Eikon: ( Further company coverage: (Bengaluru Newsroom; +1 646 223 8780)