Careium to Repay Hybrid Loan

Careium (CARE.ST) said Thursday it agreed with its former owner Doro to repay its hybrid loan, which has grown to 64 million kronor including interest. The technology-enabled care company will pay 35 million kronor by July 24, and the remaining 29 million kronor will be written off and added to Careium's retained earnings in the third quarter. Careium said the move will create a more efficient capital structure and remove dividend payment restrictions connected to the hybrid loan.