R. STAHL AG closes a syndicated loan agreement for the group's financing. The contract provides for a credit line of EUR 80 million in cash and EUR 15 million in guarantees. The syndicated loan's total credit volume thus amounts to EUR 95 million with an enhancement option of EUR 25 million. The loan has a term of 5 years.
Bilateral loan agreements in the amount of EUR 45 million expire on September 30, 2015. They are replaced by the syndicated loan agreement with our bank partners Deutsche Bank, HSBC Trinkaus & Burkhardt, Baden-Württembergische Bank and Commerzbank. R. STAHL benefits from the favorable market situation to finance the group and is highly satisfied with the progress and outcome of the negotiations. The syndicated loan expands the company's financial basis for investments and acquisitions.
R. STAHL AG
Am Bahnhof 30, 74638 Waldenburg (Württ.)
Bernd Marx (CFO)
Phone: +49 7942 943 1271
Nathalie Kamm (Investor Relations)
Phone: +49 7942 943 1395
E-Mail: [email protected]