Feintool signs long-term loan agreement with eight banks for 120 million Swiss francs.
On 28 June 2012, Feintool signed a loan agreement totalling CHF 120 million with eight banks from Germany and Switzerland. The agreement, which runs for five years, serves both as a replacement for the loans expiring in summer 2012 and for the financing of future investments and acquisitions. Together with the authorized capital created in January 2012, Feintool now has a solid financial foundation for the Group's further development.
For more information, please contact Karin Labhart, Media Spokesperson, at any time by calling +41 (0)32 387 51 57 or e-mailing karin.labhart@feintool.com.
Feintool International Holding AG
Industriering 8, 3250 Lyss
Switzerland
Phone +41 32 387 51 11
Fax +41 32 387 57 81
www.feintool.com
Media spokesperson
Karin Labhart
Phone +41 32 387 51 57
Mobile +41 79 609 22 02
karin.labhart@feintool.com
The press release can be downloaded from the following link:
