Brief: H&R Receives Approval From KfW For Loan Of EUR 40.0 Mln

H&R GmbH & Co KgaA

15/12/2020 16:37

Dec 15 (Reuters) - H&R GMBH & CO KGAA  2HR.DE :
    * RECEIVES APPROVAL FROM KFW FOR A KFW ENTREPRENEUR LOAN OF
EUR
40.0 MILLION
    * IT IS A REPAYMENT LOAN AT STANDARD MARKET CONDITIONS AND
WITH A
TERM OF SIX YEARS
    * ONE OF CONDITIONS OF KFW ENTREPRENEUR LOAN IS THAT NO
DIVIDEND
PAYMENTS ARE MADE DURING TERM OR UNTIL LOAN IS REPAID IN FULL
    * WILL EXAMINE POSSIBILITY OF EARLY REPAYMENT OF KFW
ENTREPRENEUR
LOAN TO REMOVE DIVIDEND RESTRICTION

Source text for Eikon:  ID:nEQbpz77Pa 
Further company coverage:  2HR.DE 

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