Imtech: Covenant waiver extended, first testing date September 30th 2014
(Thomson Reuters ONE) -
As announced on November 7th 2013, Imtech is currently engaging in a
constructive dialogue with its most important financiers regarding an amendment
of its financing agreements, including a covenant reset. This covenant reset is
required as a result of a slower than anticipated recovery of Imtech's business,
in particular in Germany. As part of these discussions, Imtech's most important
financiers have agreed to extend the covenant holiday. Under the related
financing agreements the first covenant testing date was March 31st 2014. The
newly agreed first testing date is September 30th 2014.
Imtech expects to publish the reset covenants on or before the publication of
its annual results on March 18th 2014.
More information
Media: Analysts & investors:
Dorien Wietsma Jeroen Leenaers
Director Corporate Communication & CSR Director Investor Relations
T: +31 182 54 35 53 T: +31 182 543 504
E: dorien.wietsma(at)imtech.com E: jeroen.leenaers(at)imtech.com
www.imtech.com www.imtech.com
Imtech profile
Royal Imtech N.V. is a European technical services provider in the fields of
electrical solutions, ICT and mechanical solutions. With approximately 29,000
employees, Imtech is active attractive 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 24,000 customers. Imtech offers 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 traffic. Imtech shares are listed on
the NYSE Euronext Amsterdam, where Imtech is included in the AEX Index.
PDF: Press Release:
http://hugin.info/130755/R/1742075/585502.pdf
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Source: Imtech via Thomson Reuters ONE
[HUG#1742075]
Unternehmensinformation / Kurzprofil:
Datum: 11.11.2013 - 07:00 Uhr
Sprache: Deutsch
News-ID 314741
Anzahl Zeichen: 2928
contact information:
Town:
Gouda
Kategorie:
Business News
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