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KNM German Unit Borsig Accepts Euro 60 Million Credit Facilities

KNM German Unit Borsig Accepts Euro 60 Million Credit Facilities

KNm德国单位博西吉接受欧元6000万信贷额度
Business Today ·  12/17 08:06
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KNM announced that its German units Borsig Group, has entered into a new replacement Facility Agreement with Landesbank Baden-Württemberg and other participating financial institutions for a Euro 60 million credit facility.

KNm宣布其德国子公司Borsig集团已与州银行巴登-符腾堡及其他参与的金融机构达成一项新的替代融资协议,金额为6000万欧元。

The main reason for the facility is to ensure Borsig Group can continue with its operations as normal. The tenure of the loan is for 3 years after the signing day and options to further extend by one year each.

该融资的主要原因是确保Borsig集团能够正常运营。贷款期限为签署日后的3年,并可以选择每次延长一年。

The group said the credit facilities is not expected to have any effect on the issued and paid-up share capital of the Company nor the shareholdings of the Company's substantial shareholders.

该集团表示,信贷设施预计不会对公司的已发行和实缴股份资本以及公司主要股东的持股情况产生任何影响。

Having considered all aspects of the credit facilities, the Board of Directors is of the opinion that the acceptance of the Credit Facilities is in the best interest of the Company and the Borsig Group in general.

经过对信贷设施的各方面考虑,董事会认为接受信贷设施符合公司的最佳利益以及Borsig集团的总体利益。

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