Brief: Progress Werk Oberkirch Decides Not To Utilize Kfw Loans

PWO AG

26/08/2021 13:01

Aug 26 (Reuters) - PROGRESS WERK OBERKIRCH AG  PWOG.DE :
    * DECIDES NOT TO UTILIZE KFW LOANS
    * NOT INCLUDING KFW LOANS, PWO AGAIN HAD UNDRAWN LINES OF
CREDIT
OF AROUND EUR 100 MILLION ON JUNE 30, 2021.
    * RESOLVED TO TERMINATE EXISTING KFW LOANS, WHICH HAVE NOT
BEEN
UTILIZED TO DATE, EARLY.
    * GENERAL PROHIBITION ON DIVIDEND PAYMENTS THEREFORE ALSO
CEASES
TO APPLY.

Source text for Eikon:  ID:nEQ2HWDKDa 
Further company coverage:  PWOG.DE 

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