Brief: Duerr Issues Schuldschein Loan Of EUR 115 Mln

Duerr AG

31/03/2020 10:16

March 31 (Reuters) - DUERR AG  DUEG.DE :
    * HAS SUCCESSFULLY ISSUED ANOTHER SUSTAINABILITY-ORIENTED
SCHULDSCHEIN LOAN TO TUNE OF EUR 115 MILLION. AS WAS CASE WITH
SUSTAINABILITY SCHULDSCHEIN LOAN ISSUED LAST YEAR (EUR 200
MILLION), INTEREST RATE IS LINKED TO DÜRR GROUP'S SUSTAINABILITY
RATING
    * PROCEEDS WILL BE LARGELY USED TO PAY OFF VARIABLE TRANCHES
(EUR
100 MILLION) OF AN OLDER SCHULDSCHEIN LOAN
    * TOTAL AMOUNT OF EUR 115 MILLION WILL ACCRUE TO DÜRR AG IN
APRIL
    * TOTAL AMOUNT DIVIDED INTO TRANCHES WITH MATURITIES OF
FIVE,
SEVEN AND TEN YEARS

Source text for Eikon:  ID:nNDL6z2YJp 
Further company coverage:  DUEG.DE 

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