ElringKlinger AG / Key word(s): Financing ElringKlinger agrees syndicated loan of EUR 350 million Dettingen/Erms (Germany), February 15, 2019 +++ ElringKlinger AG has today concluded a syndicated loan agreement with a syndicate consisting of six domestic and international banks. The agreement covers a total volume of EUR 350 million over a minimum term of five years. The proceeds from the loan are to be used for the purpose of general corporate funding and the refinancing of existing bilateral lines of credit. In taking this step, the Group has optimized its financing structure and created a more solid foundation for corporate planning, also with regard to the transformation process in the automotive industry. For further information, please contact: About ElringKlinger AG 15-Feb-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | ElringKlinger AG |
Max-Eyth-Straße 2 | |
72581 Dettingen/Erms | |
Germany | |
Phone: | 071 23 / 724-0 |
Fax: | 071 23 / 724-9006 |
E-mail: | jens.winter@elringklinger.com |
Internet: | www.elringklinger.de |
ISIN: | DE0007856023 |
WKN: | 785602 |
Listed: | Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange |
End of Announcement | DGAP News Service |