Imtech further strengthens and diversifies its long term funding structure
(Thomson Reuters ONE) -
Gouda - Royal Imtech N.V. (IM-AE, technical services provider in and outside
Europe) announces that it has signed a second private placement for a total of
EUR 100 million. The senior notes have been issued in maturities of 7 and 9
years.
Boudewijn Gerner, CFO Imtech: 'Our funding policy is to strengthen and diversify
our funding sources. The extension of the maturities of our loan portfolio is
also a part of this funding strategy. In November 2011 Imtech negotiated its
first private placement amounting to USD 300 million in different currencies and
with maturities of 5 up to 12 years.
By means of this second private placement, Imtech has taken a further step in
diversifying its funding sources and underlines confidence in Imtech's long term
strategy.
Imtech has used the proceeds to refinance existing debt. The issue consists of
2 tranches of EUR 50 million each with 7 and 9 years maturities respectively.
The notes have been issued by Imtech Capital B.V. and are guaranteed by Royal
Imtech N.V. Imtech Capital B.V. is a wholly-owned finance subsidiary of Royal
Imtech N.V.
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More information Imtech
Media: Analysts & Investors:
Pieter Koenders Jeroen Leenaers
Director Corporate Communications Manager Investor Relations
T: +31 655 74 65 85 T: +31 182 54 35 04
E: pieter.koenders(at)imtech.eu E: jeroen.leenaers(at)imtech.eu
www.imtech.eu www.imtech.eu
Imtech profile
Royal Imtech N.V. is a European technical services provider in the fields of
electrical solutions, ICT (information and communication technology) and
mechanical solutions. With 28,600 employees, Imtech achieves annual revenue of
more than 5.1 billion euro. Imtech holds strong positions in the buildings and
industry markets in the Netherlands, Belgium, Luxembourg, Germany, Austria,
Eastern Europe, Sweden, Norway, Finland, the UK, Ireland, Turkey and Spain, the
European markets of ICT and Traffic as well as in the global marine market. In
total Imtech serves 23,000 customers. Imtech offers added value with integrated
and multidisciplinary total solutions that lead to better business processes and
more efficiency for customers and the customers they, in their turn, serve.
Imtech also offers solutions that contribute towards a sustainable society, for
example in the areas of energy, the environment, water and mobility. Imtech
shares are listed on the NYSE Euronext Amsterdam, where Imtech is included in
the Midkap Index. Imtech shares are also included in the Dow Jones STOXX 600
index.
pdf version of press release:
http://hugin.info/130755/R/1623300/518896.pdf
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Source: Imtech via Thomson Reuters ONE
[HUG#1623300]
Unternehmensinformation / Kurzprofil:
Datum: 02.07.2012 - 07:30 Uhr
Sprache: Deutsch
News-ID 161620
Anzahl Zeichen: 3584
contact information:
Town:
Gouda
Kategorie:
Business News
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