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KHD Humboldt Wedag International AG
Related Party Transaction • Jul 19, 2017
242_rns_2017-07-19_f05ad821-8249-405c-b348-e82f78ff7411.html
Related Party Transaction
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News Details
Ad-hoc | 19 July 2017 09:41
KHD Humboldt Wedag International AG:
KHD Humboldt Wedag International AG / Key word(s): Contract/Financing
19-Jul-2017 / 09:41 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
KHD grants EUR 50 million intercompany loan
Cologne, Germany, July 19, 2017 – KHD Humboldt Wedag International AG (KHD) has entered into a EUR 50 million loan agreement with AVIC International Kairong Limited, Hong Kong, as the borrower. This loan replaces a loan that has been granted three years ago to AVIC International (HK) Group Ltd., Hong Kong, which is due for repayment on July 22, 2017.
The loan is secured by a corporate guarantee from AVIC Group and bears interest at a rate of six percentage points per annum. The term of the loan agreement is three years and it is due for repayment on July 22, 2020. KHD is entitled to call for repayment of the loan at any time prior to its maturity by giving 30 days’ notice.
Additional Information:
ISIN: DE0006578008
Securities identification number (WKN): 657800
Market segment: Regulated Market (General Standard) of the Frankfurt Stock Exchange
KHD Humboldt Wedag International AG
Colonia-Allee 3
51067 Cologne, Germany
Contact:
KHD Humboldt Wedag International AG
Jürgen Luckas
Chief Financial Officer
Tel.: +49 (0)221 – 6504-1107
E-Mail: [email protected]
Website: www.khd.com
19-Jul-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | KHD Humboldt Wedag International AG |
| Colonia-Allee 3 | |
| 51067 Köln | |
| Germany | |
| Phone: | +49 (0)221 6504 1500 |
| Fax: | +49 (0)221 6504 1409 |
| E-mail: | [email protected] |
| Internet: | www.khd.com |
| ISIN: | DE0006578008 |
| WKN: | 657800 |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange |
| End of Announcement | DGAP News Service |