Brief: Max Automation arranges new syndicated loan in amount of EUR 150 mln
25/06/2015 07:52
June 25 (Reuters) - Max Automation AG MAXG.DE :
* New syndicated loan in amount of 150 million euros ($168 million) with term of at least 5
years arranged
* New financing structure in conjunction with improved working capital management will
reduce interest expenses by up to 1 million euro per year and have a positive impact on
company's earnings situation
* Replacement of existing credit lines optimizes refinancing costs and creates additional
scope to take action
Source text for Eikon: ID:nEQRpDMda
Further company coverage: MAXG.DE
($1 = 0.8937 euros)
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