Norway, Feb. 12 -- M Vest Water AS (MVW), has entered into a convertible loan facility with one of its main shareholders, M Vest Invest AS, pursuant to which the shareholder will make available a committed credit facility of up to NOK 10 million.With expected revenues and existing bank facilities, this facility will enable the company to continue its previously announced strategy of advancing its project portfolio.Key terms of the Convertible Loan:Interest on any drawdowns under the loan facility accrues at a rate of NIBOR plus 6 percent per annum, in addition to a commitment fee of 1.5 percent per annum on any undrawn portion of the facility.The loan is unsecured and matures on the first anniversary of the signing of the loan agreement.The...