Capital/Financing Update • Mar 21, 2012
Capital/Financing Update
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Ad-hoc | 21 March 2012 18:42
KHD Humboldt Wedag International AG: KHD Concludes Negotiations on New Bank Guarantee Bonding Facility Totaling EUR 130,000,000
KHD Humboldt Wedag International AG / Key word(s): Banking Syndicate
21.03.2012 18:42
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
KHD Concludes Negotiations on New Bank Guarantee Bonding Facility Totaling
EUR 130,000,000
Cologne, Germany, March 21, 2012 - KHD Humboldt Wedag International AG
(KHD), one of the global leaders for providing equipment and services to
cement producers, has successfully concluded negotiations on a new bank
guarantee bonding facility with a total amount of EUR 130 million. An
existing bank guarantee bonding facility of EUR 150 million was replaced by
this new agreement.
The new bank guarantee bonding facility has a term of three years and is
provided by a consortium of banks led by Deutsche Bank AG and
Raiffeisenbank International AG. In combination with KHD's comfortable
liquidity position, this provides a solid foundation upon which the Group's
market position can be consolidated and developed in the coming years.
KHD Group
KHD is a global leader for providing equipment and services to cement
producers with over 150 years of experience in the cement industry. Process
engineering and project management are among the core competencies of the
technology-focused group. KHD offers a wide spectrum of products and
services for the cement industry and is a leader in environmentally
friendly and energy-efficient products for the grinding and pyro processing
sections of the plants. The holding company KHD Humboldt Wedag
International AG, based in Cologne, Germany, coordinates its
internationally operating subsidiaries. The group employs more than 750
employees worldwide with customer service centers in growing markets like
India, Russia and the Asia Pacific region. Other major customer service
centers include 'Americas' covering both North and South America and EMEA
(Europe, Middle East and Africa), based in Cologne. KHD Humboldt Wedag
International AG (ISIN: DE0006578008, WKN: 657800) is listed on the
Frankfurt stock exchange (General Standard).
More information: www.khd.com.
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
End of the Ad-hoc Announcement
Contact:
KHD Humboldt Wedag International AG
Elisabeth Prigge
Investor Relations
Tel.: +49 (0)221 - 6504-1500
Fax: +49 (0)221 - 6504-1409
E-Mail: [email protected]
Website: www.khd.com
21.03.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and 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: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin
End of Announcement DGAP News-Service
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