Komax Holding AG: Syndicated loan facility renewed and increased

Komax Holding AG: Syndicated loan facility renewed and increased

ID: 170374

(Thomson Reuters ONE) -
Komax Holding AG /
Komax Holding AG: Syndicated loan facility renewed and increased
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Komax and a bank consortium lead-managed by Credit Suisse have renewed the
current credit facility worth CHF 100 million and increased the credit line to
CHF 120 million. The new contract runs until 31 July 2017.

This step ensures that Komax will be able to finance its operating business and
guarantees the financial flexibility it needs to implement its corporate
strategy. The successful conclusion of the agreement demonstrates the trust the
banks are placing in Komax and in the Group's future prospects.

For more information, please contact:

Marco Knuchel Tel. +41 41 455 06 16

Head Investor Relations / Corporate Fax +41 41 450 10 24
Communications

www.komaxgroup.com marco.knuchel(at)komaxgroup.com


The Komax Group is a leading manufacturer of wire processing machines, machines
for the production of modules for the photovoltaics market and machine systems
for the manufacture of inhalers and insulin delivery or injection systems. It
employs a workforce of around 1100 people. Alongside production facilities in
Switzerland, France, the United States, Malaysia and China, Komax also provides
sales and service support via subsidiaries and independent agents in around 60
countries.

The media release can be downloaded from the following link:


Media release (PDF):
http://hugin.info/100418/R/1630521/522559.pdf



This announcement is distributed by Thomson Reuters on behalf of
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originality of the information contained therein.

Source: Komax Holding AG via Thomson Reuters ONE
[HUG#1630521]




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Bereitgestellt von Benutzer: hugin
Datum: 31.07.2012 - 18:01 Uhr
Sprache: Deutsch
News-ID 170374
Anzahl Zeichen: 2383

contact information:
Town:

Dierikon-LU



Kategorie:

Business News



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Komax signs credit agreement worth CHF 100 million ...

This week, Komax and a consortium of banks led by Credit Suisse signed a credit agreement valid until 31 January 2013, with credit lines totalling CHF 100 million. The agreement creates the necessary flexibility for the company, while providing finan ...

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