technotrans SE

Capital/Financing Update • Apr 20, 2010

News Details

Ad-hoc | 20 April 2010 16:12

New financing structure for technotrans

technotrans AG / Miscellaneous

20.04.2010 16:12

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.

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Following intensive talks with its principal banks, the new financing
concept has now been finalised. The concept has three pillars: the
reconstruction of existing short-term loans as long-term loans, the
safeguarding of working capital finance for three years, and providing
future scope for increasing credit in response to demand. With the new
financial concept, the company has managed to maintain the borrowing
arrangements available of currently around EUR 27 million at globally the
previous level, and shift the emphasis back towards medium to long-term
maturities. 'We are delighted to have brought the talks with our
long-standing banking partners to a successful conclusion,' declared Dirk
Engel, Finance Director of technotrans AG. 'The concept is also flexible
enough to accommodate a recovery in business over the next few years. And
it gives us planning certainty for the coming years.'

Contact: technotrans Investor Relations, Thessa Roderig, phone +49 2583
301-1887, mail thessa.roderig@technotrans.de

20.04.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: technotrans AG
Robert-Linnemann-Str. 17
48336 Sassenberg
Deutschland
Phone: +49 (0)2583 - 301 - 1000
Fax: +49 (0)2583 - 301 - 1030
E-mail: info@technotrans.de
Internet: http://www.technotrans.de
ISIN: DE000A0XYGA7
WKN: A0XYGA
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Hamburg, Stuttgart

End of News DGAP News-Service

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